1, JACKSNIPE CLOSE, STOWMARKET, IP14 5BH - £159,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 JACKSNIPE CLOSE is a very small detached house of 67m², built sometime from 2012 onwards. It was last sold for £159,000 in May 2011, which was around 38% below the average May 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

1 JACKSNIPE CLOSE Sold Prices

Land registry data shows two sales for 1 JACKSNIPE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 1 JACKSNIPE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 24 MAY	£159,000	£257,501	38% below HPI
2008 5 DEC	£142,000	£240,666	41% below HPI

1 JACKSNIPE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 1 JACKSNIPE CLOSE sales from December 2008 and May 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2011 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 JACKSNIPE CLOSE be worth now?

1 JACKSNIPE CLOSE might now be worth an estimated £272,411.

This is based on house price inflation of 71.3%, between May 2011 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.3% inflationary increase is applied to the most recent sale price for 1 JACKSNIPE CLOSE of £159,000 on 24th May 2011. For the value to have increased from £159,000 to £272,411 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 1 JACKSNIPE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2011 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JACKSNIPE CLOSE has not materially changed since May 2011.

How Large is 1 JACKSNIPE CLOSE?

1 JACKSNIPE CLOSE is 67m² according to the EPC inspection conducted in January 2025. This puts it in the smallest 10% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 1 JACKSNIPE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 JACKSNIPE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 JACKSNIPE CLOSE: Plot and Title Map

1 JACKSNIPE CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1 JACKSNIPE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 JACKSNIPE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 JACKSNIPE CLOSE?

1 JACKSNIPE CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 1 on JACKSNIPE CLOSE.