1, PLOVER CLOSE, STOWMARKET, IP14 5UP - £347,500

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 PLOVER CLOSE is a very large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £347,500 in August 2021, which was around 13% below the average August 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

1 PLOVER CLOSE Sold Prices

Land registry data shows three sales for 1 PLOVER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three 1 PLOVER CLOSE sales were for below the average price, whilst one was for above 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
2021 9 AUG	£347,500	£397,918	13% below HPI
2012 4 JUL	£240,000	£259,804	8% below HPI
2005 19 DEC	£246,995	£241,145	2% above HPI

1 PLOVER 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 three 1 PLOVER CLOSE sales between December 2005 and August 2021 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 July 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 PLOVER CLOSE be worth now?

1 PLOVER CLOSE might now be worth an estimated £385,273.

This is based on house price inflation of 10.9%, between August 2021 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 10.9% inflationary increase is applied to the most recent sale price for 1 PLOVER CLOSE of £347,500 on 9th August 2021. For the value to have increased from £347,500 to £385,273 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 PLOVER CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2021 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PLOVER CLOSE has not materially changed since August 2021.

How Large is 1 PLOVER CLOSE?

1 PLOVER CLOSE is 142m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 PLOVER CLOSE lies on this distribution: 86% of detached houses houses are smaller than 1 PLOVER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 PLOVER CLOSE: Plot and Title Map

1 PLOVER CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 PLOVER 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 PLOVER 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 PLOVER CLOSE?

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