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

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

13 MILLERS CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £270,615. 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	£419,791	39% below HPI
2018 29 AUG	£165,000	£383,803	57% 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 57% below the HPI. So the extrapolation line tracks at 57% 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.

What might 13 MILLERS CLOSE be worth now?

13 MILLERS CLOSE might now be worth an estimated £270,615.

This is based on house price inflation of 5.1%, between February 2024 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 5.1% inflationary increase is applied to the most recent sale price for 13 MILLERS CLOSE of £257,500 on 1st February 2024. For the value to have increased from £257,500 to £270,615 over the two months to December 2024, the following assumptions must hold true:

• The value of 13 MILLERS CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2024 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 13 MILLERS CLOSE has not materially changed since February 2024.

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 houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 13 MILLERS CLOSE lies on this distribution: 2% of detached houses houses are smaller than 13 MILLERS CLOSE, and 98% 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.