12, SHERIDAN CLOSE, STOWMARKET, IP14 1UL - £312,500

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

12 SHERIDAN CLOSE is a large extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £312,500 in January 2021, which was around 23% below the average January 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

12 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 12 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 12 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
2021 15 JAN	£312,500	£405,343	23% below HPI
2003 16 APR	£149,950	£198,932	25% below HPI

12 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 12 SHERIDAN CLOSE sales from April 2003 and January 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 April 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 SHERIDAN CLOSE be worth now?

12 SHERIDAN CLOSE might now be worth an estimated £340,122.

This is based on house price inflation of 8.8%, between January 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 8.8% inflationary increase is applied to the most recent sale price for 12 SHERIDAN CLOSE of £312,500 on 15th January 2021. For the value to have increased from £312,500 to £340,122 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 12 SHERIDAN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2021 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SHERIDAN CLOSE has not materially changed since January 2021.

How Large is 12 SHERIDAN CLOSE?

12 SHERIDAN CLOSE is 129m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% 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 12 SHERIDAN CLOSE lies on this distribution: 79% of detached houses houses are smaller than 12 SHERIDAN CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

12 SHERIDAN CLOSE: Plot and Title Map

12 SHERIDAN CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 12 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 12 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 12 SHERIDAN CLOSE?

12 SHERIDAN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 12 on SHERIDAN CLOSE.