15, RUSKIN CLOSE, STOWMARKET, IP14 1TY - £327,500

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.

15 RUSKIN CLOSE is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £350,557. It was last sold for £327,500 in December 2021, which was around 23% below the average December 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

15 RUSKIN CLOSE Sold Prices

Land registry data shows four sales for 15 RUSKIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 15 RUSKIN 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 10 DEC	£327,500	£425,846	23% below HPI
2015 7 JUL	£245,000	£304,492	20% below HPI
2001 30 JUL	£127,000	£139,744	9% below HPI
1996 28 NOV	£79,400	£83,028	4% below HPI

15 RUSKIN 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 four 15 RUSKIN CLOSE sales between November 1996 and December 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 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 RUSKIN CLOSE be worth now?

15 RUSKIN CLOSE might now be worth an estimated £350,557.

This is based on house price inflation of 7%, between December 2021 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 7% inflationary increase is applied to the most recent sale price for 15 RUSKIN CLOSE of £327,500 on 10th December 2021. For the value to have increased from £327,500 to £350,557 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 RUSKIN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 15 RUSKIN CLOSE has not materially changed since December 2021.

How Large is 15 RUSKIN CLOSE?

15 RUSKIN CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 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 15 RUSKIN CLOSE lies on this distribution: 56% of detached houses houses are smaller than 15 RUSKIN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

15 RUSKIN CLOSE: Plot and Title Map

15 RUSKIN CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 15 RUSKIN 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 15 RUSKIN 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 15 RUSKIN CLOSE?

15 RUSKIN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 15 on RUSKIN CLOSE.