53 Cormorant Drive, Stowmarket, IP14 5UE is a leasehold flat built between 2003-2006. The property offers approximately 581 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £140,262 , which equates to approximately £241 per square foot. It was last sold on 20 Mar 2020 for £128,000. Since then, the value has increased by £12,262, representing a 9.6% increase, or approximately 1.7% per year.

The current estimated value of £140,262 is:

  • 47.6% lower than the average property price on Cormorant Drive
  • 45.7% lower than the average in the IP14 5UE postcode area
  • and 48.9% lower than the average price for Stowmarket as a whole

At the most recent EPC inspection on 13 December 2019, the property was recorded as owner-occupied.

View sold house prices in IP14 5UE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£140,262
Price Per sq ft (estimate)
£241
Bedroom Count (estimate)
1 bedroom

EPC Summary

53 Cormorant Drive, Stowmarket, Mid Suffolk, Suffolk, IP14 5UE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Dec 2019.

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 12 Nov 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP14 5UE

53 rd / 55
Price Rank
46% lower than average
48 th / 50
Size Rank
34% smaller than average
49 th / 50
Price Per Sq FT Rank
18% lower than average

Compared to other properties in IP14 5UE , this flat's estimated value ranks 53th out of 55. Based on price per square foot, it ranks 49th out of 50 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 48th out of 50 properties in its postcode area.

Sale History

Today
£140,262
streetscan.co.uk estimate
+10 %
20 Mar 2020
£128,000
Leasehold
+8 %
16 Oct 2015
£118,500
Leasehold
+15.5 %
26 Apr 2006
£102,595
Leasehold

Area Insights

Similar Properties Sold Nearby

47 Cormorant Drive, Stowmarket, IP14 5UE
rooms: 3
size: 614 sq ft
sale price: £144,000
sale date: 15 Dec 2022
49 Cormorant Drive, Stowmarket, IP14 5UE
rooms: 3
size: 506 sq ft
sale price: £105,000
sale date: 14 Mar 2014

Data Sources

The property at 53 Cormorant Drive, Stowmarket, IP14 5UE appears three times in the Land Registry records, with the latest transaction recorded on 20 Mar 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 2019. 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.
↑