1, LARK CLOSE, STOWMARKET, IP14 5QW - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 LARK CLOSE is a midsized extended semi-detached house of 105m², built sometime between 2003 and 2006. It was last sold for £300,000 in August 2023, which was around 30% below the average August 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

1 LARK CLOSE Sold Prices

Land registry data shows four sales for 1 LARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 1 LARK 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
2023 31 AUG	£300,000	£429,182	30% below HPI
2018 15 NOV	£261,000	£366,652	29% below HPI
2007 13 JUN	£199,000	£260,127	23% below HPI
2003 23 MAY	£165,995	£198,212	16% below HPI

1 LARK 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 four 1 LARK CLOSE sales between May 2003 and August 2023 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 November 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 LARK CLOSE?

1 LARK CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 1 LARK CLOSE lies on this distribution: 55% of detached houses are smaller than 1 LARK CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 LARK CLOSE: Plot and Title Map

1 LARK CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 LARK 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 LARK 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 LARK CLOSE?

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