48 Spencer Way, Stowmarket, IP14 1UB is a freehold semi-detached property built between 2007-2011. The property offers approximately 990 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £263,020 , which equates to approximately £266 per square foot. It was last sold on 19 Jan 2021 for £235,000. Since then, the value has increased by £28,020, representing a 11.9% increase, or approximately 2.4% per year.

The current estimated value of £263,020 is:

  • 8.4% lower than the average property price on Spencer Way
  • 6.0% lower than the average in the IP14 1UB postcode area
  • and 4.2% lower than the average price for Stowmarket as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 August 2022, the property was recorded as rented.

View sold house prices in IP14 1UB

Building approximate location

About Property

Type
Semi-Detached House
Built
2007-2011
Interior Size
990 sq ft
Tenure
Freehold
Price (estimate)
£263,020
Price Per sq ft (estimate)
£266
Bedroom Count (estimate)
3 bedrooms

EPC Summary

48 Spencer Way, Stowmarket, Mid Suffolk, Suffolk, IP14 1UB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Aug 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Aug 2020. The rating of C remains the same, but the energy efficiency score improved by 5.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The wall energy efficiency improving from average to good, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 70% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to IP14 1UB

31 st / 51
Price Rank
6% lower than average
10 th / 41
Size Rank
14% bigger than average
36 th / 41
Price Per Sq FT Rank
18% lower than average

Compared to other properties in IP14 1UB , this house's estimated value ranks 31th out of 51. Based on price per square foot, it ranks 36th out of 41 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 41 properties in its postcode area.

Sale History

Today
£263,020
streetscan.co.uk estimate
+12 %
19 Jan 2021
£235,000
Leasehold
+50.6 %
25 May 2007
£156,000
Leasehold
+11.4 %
17 Jun 2005
£140,000
Leasehold
+80.1 %
8 Sep 2000
£77,750
Leasehold
+42.7 %
15 Nov 1996
£54,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 958 sq ft
sale price: £278,000
sale date: 28 Jun 2024
rooms: 5
size: 926 sq ft
sale price: £212,500
sale date: 4 Mar 2016
rooms: 4
size: 893 sq ft
sale price: £250,000
sale date: 13 Mar 2024
rooms: 5
size: 1023 sq ft
sale price: £185,000
sale date: 27 Mar 2014
rooms: 4
size: 904 sq ft
sale price: £139,000
sale date: 2 Apr 2004

Data Sources

The property at 48 Spencer Way, Stowmarket, IP14 1UB appears five times in the Land Registry records, with the latest transaction recorded on 19 Jan 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Aug 2022. 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.