According to the public record, Chibote Lodge, Stowmarket is a modern freehold house and with 1,420 ft2 of internal area and sits on a 7,492 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Church Road, Bacton, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
Chibote Lodge, Stowmarket has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Chibote Lodge Stowmarket as £471,475 and the rental value as £1,100 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Chibote Lodge Stowmarket has decreased by £7,608 (1.6%) and its rental value has increased by £6 per month (0.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Chibote Lodge, Stowmarket is in very good condition we estimate a sale value of £495,048 and rental value of £1,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,471 and a rental value of £1,023 per month.
If you were able to purchase this property for the estimated value of £471,475, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,317 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Chibote Lodge, Stowmarket sits on a plot of 7492m2.
We have plot size data on 8 out of 15 other houses in the postcode and Chibote Lodge, Stowmarket sits on the 3rd largest plot.
According to HM Land Registry, Chibote Lodge, Stowmarket was last sold on 24 Aug 2017 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chibote Lodge, Stowmarket within a radius of 338m over the last 2 years.
The most recent example is The Chestnuts, The Street, Stowmarket, IP14 4LF, a Freehold house which sold for £595,000 in Nov 2022.
Read more about house prices in IP14.
Church Road, Bacton, Stowmarket, IP14 has a total of 29 addresses. According to our analysis of all the public data, Chibote Lodge, Stowmarket is the 22nd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in IP14.
Chibote Lodge, Stowmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Chibote Lodge, Stowmarket is Elmswell station which is 6.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Chibote Lodge, Stowmarket, 68.2% of property is privately owned outright and 18.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Chibote Lodge, Stowmarket, 15.6% of residents are recorded as possessing school level qualifications and 33.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Chibote Lodge, Stowmarket, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Chibote Lodge, Stowmarket, 1.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Chibote Lodge, Stowmarket, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.