13, MILLERS CLOSE, STOWMARKET, IP14 2NR - £257,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

13 MILLERS CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £257,500 in February 2024, which was around 39% below the average February 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

13 MILLERS CLOSE Sold Prices

Land registry data shows two sales for 13 MILLERS 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 13 MILLERS 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
2024 1 FEB	£257,500	£420,583	39% below HPI
2018 29 AUG	£165,000	£374,970	56% below HPI

13 MILLERS 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 13 MILLERS CLOSE sales from August 2018 and February 2024 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 August 2018 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2024 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 13 MILLERS CLOSE?

13 MILLERS CLOSE is 56m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 13 MILLERS CLOSE lies on this distribution: 2% of detached houses are smaller than 13 MILLERS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

13 MILLERS CLOSE: Plot and Title Map

13 MILLERS CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 13 MILLERS 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 13 MILLERS 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 13 MILLERS CLOSE?

13 MILLERS CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 13 on MILLERS CLOSE.