32 Drake Close, Stowmarket, IP14 1UP is a leasehold terraced property built between 1991-1995. The property offers approximately 409 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £113,351 , which equates to approximately £277 per square foot. It was last sold on 3 Jul 2023 for £110,000. Since then, the value has increased by £3,351, representing a 3.0% increase, or approximately 1.2% per year.

The current estimated value of £113,351 is:

  • 32.2% lower than the average property price on Drake Close
  • 30.2% lower than the average in the IP14 1UP postcode area
  • and 58.7% lower than the average price for Stowmarket as a whole

View sold house prices in IP14 1UP

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£113,351
Price Per sq ft (estimate)
£277
Bedroom Count (estimate)
1 bedroom

EPC Summary

32 Drake Close, Stowmarket, Mid Suffolk, Suffolk, IP14 1UP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Jun 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 16 Feb 2009. The rating of D is unchanged, though the energy efficiency score decreased by 4.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The windows were upgraded from fully double glazed to single glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to IP14 1UP

20 th / 31
Price Rank
30% lower than average
20 th / 25
Size Rank
26% smaller than average
9 th / 25
Price Per Sq FT Rank
6% lower than average

Compared to other properties in IP14 1UP , this flat's estimated value ranks 20th out of 31. Based on price per square foot, it ranks 9th out of 25 properties. In terms of size, this home ranks 20th out of 25 properties in its postcode area.

Sale History

Today
£113,351
streetscan.co.uk estimate
+3 %
3 Jul 2023
£110,000
Leasehold
+66.7 %
15 May 2003
£66,000
Leasehold
+57.1 %
21 Jul 2000
£42,000
Leasehold
+23.7 %
2 Aug 1999
£33,950
Leasehold
+15.1 %
12 Aug 1997
£29,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 388 sq ft
sale price: £140,000
sale date: 22 Aug 2024
rooms: 2
size: 388 sq ft
sale price: £115,000
sale date: 10 Jul 2015
rooms: 2
size: 398 sq ft
sale price: £78,000
sale date: 3 Jan 2014
rooms: 2
size: 409 sq ft
sale price: £72,000
sale date: 19 Jul 2013
rooms: 2
size: 388 sq ft
sale price: £80,000
sale date: 19 Sep 2008

Data Sources

The property at 32 Drake Close, Stowmarket, IP14 1UP appears five times in the Land Registry records, with the latest transaction recorded on 3 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.