17, PRIESTLY CLOSE, STOWMARKET, IP14 1UJ - £267,000

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

17 PRIESTLY CLOSE is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £267,000 in November 2020, which was around 33% below the average November 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

17 PRIESTLY CLOSE Sold Prices

Land registry data shows four sales for 17 PRIESTLY 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 17 PRIESTLY 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
2020 30 NOV	£267,000	£397,984	33% below HPI
2008 28 NOV	£167,500	£260,912	36% below HPI
2003 28 FEB	£142,500	£195,587	27% below HPI
2002 4 JUL	£124,750	£182,100	31% below HPI

17 PRIESTLY 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 17 PRIESTLY CLOSE sales between July 2002 and November 2020 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 November 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 17 PRIESTLY CLOSE be worth now?

17 PRIESTLY CLOSE might now be worth an estimated £295,973.

This is based on house price inflation of 10.9%, between November 2020 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 10.9% inflationary increase is applied to the most recent sale price for 17 PRIESTLY CLOSE of £267,000 on 30th November 2020. For the value to have increased from £267,000 to £295,973 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 17 PRIESTLY CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2020 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PRIESTLY CLOSE has not materially changed since November 2020.

How Large is 17 PRIESTLY CLOSE?

17 PRIESTLY CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 17 PRIESTLY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 17 PRIESTLY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

17 PRIESTLY CLOSE: Plot and Title Map

17 PRIESTLY CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 17 PRIESTLY 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 17 PRIESTLY 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 17 PRIESTLY CLOSE?

17 PRIESTLY CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 17 on PRIESTLY CLOSE.