16, RUSKIN CLOSE, STOWMARKET, IP14 1TY - £227,000

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

16 RUSKIN CLOSE is a midsized detached house of 94m², built sometime between 1996 and 2002. It was last sold for £227,000 in May 2014, which was around 19% below the average May 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

16 RUSKIN CLOSE Sold Prices

Land registry data shows four sales for 16 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. Most of the four 16 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
2014 30 MAY	£227,000	£279,851	19% below HPI
2012 1 JUN	£187,000	£257,403	27% below HPI
2002 30 AUG	£159,950	£187,099	15% below HPI
1996 2 AUG	£80,995	£79,813	1% above HPI

16 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 16 RUSKIN CLOSE sales between August 1996 and May 2014 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 June 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 RUSKIN CLOSE be worth now?

16 RUSKIN CLOSE might now be worth an estimated £357,854.

This is based on house price inflation of 57.6%, between May 2014 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 57.6% inflationary increase is applied to the most recent sale price for 16 RUSKIN CLOSE of £227,000 on 30th May 2014. For the value to have increased from £227,000 to £357,854 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 16 RUSKIN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2014 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RUSKIN CLOSE has not materially changed since May 2014.

How Large is 16 RUSKIN CLOSE?

16 RUSKIN CLOSE is 94m² according to the EPC inspection conducted in October 2011. 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 16 RUSKIN CLOSE lies on this distribution: 43% of detached houses houses are smaller than 16 RUSKIN CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

16 RUSKIN CLOSE: Plot and Title Map

16 RUSKIN CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 16 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 16 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 16 RUSKIN CLOSE?

16 RUSKIN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 16 on RUSKIN CLOSE.