16, WREN CLOSE, STOWMARKET, IP14 5NT - £262,500

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

16 WREN CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £262,500 in August 2015, which was around 15% below the average August 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

16 WREN CLOSE Sold Prices

Land registry data shows two sales for 16 WREN 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 16 WREN 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
2015 28 AUG	£262,500	£307,237	15% below HPI
2002 29 APR	£157,950	£169,260	7% below HPI

16 WREN 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 16 WREN CLOSE sales from April 2002 and August 2015 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 WREN CLOSE be worth now?

16 WREN CLOSE might now be worth an estimated £376,932.

This is based on house price inflation of 43.6%, between August 2015 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 43.6% inflationary increase is applied to the most recent sale price for 16 WREN CLOSE of £262,500 on 28th August 2015. For the value to have increased from £262,500 to £376,932 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 WREN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2015 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 16 WREN CLOSE has not materially changed since August 2015.

How Large is 16 WREN CLOSE?

16 WREN CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 16 WREN CLOSE lies on this distribution: 72% of detached houses houses are smaller than 16 WREN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

16 WREN CLOSE: Plot and Title Map

16 WREN CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 16 WREN 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 WREN 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 WREN CLOSE?

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