1, SHERIDAN CLOSE, STOWMARKET, IP14 1UL - £237,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SHERIDAN CLOSE is a midsized extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £351,621. It was last sold for £237,000 in August 2015, which was around 23% below the average August 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 1 SHERIDAN 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 SHERIDAN 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
2015 25 AUG	£237,000	£307,237	23% below HPI
2002 20 SEP	£142,500	£188,356	24% below HPI

1 SHERIDAN 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 SHERIDAN CLOSE sales from September 2002 and August 2015 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 September 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 SHERIDAN CLOSE be worth now?

1 SHERIDAN CLOSE might now be worth an estimated £351,621.

This is based on house price inflation of 48.4%, between August 2015 and February 2025, 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 48.4% inflationary increase is applied to the most recent sale price for 1 SHERIDAN CLOSE of £237,000 on 25th August 2015. For the value to have increased from £237,000 to £351,621 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SHERIDAN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2015 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHERIDAN CLOSE has not materially changed since August 2015.

How Large is 1 SHERIDAN CLOSE?

1 SHERIDAN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% 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 SHERIDAN CLOSE lies on this distribution: 46% of detached houses houses are smaller than 1 SHERIDAN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 SHERIDAN CLOSE: Plot and Title Map

1 SHERIDAN CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 SHERIDAN 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 SHERIDAN 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 SHERIDAN CLOSE?

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