18, PRIESTLY CLOSE, STOWMARKET, IP14 1UJ - £210,000

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

18 PRIESTLY CLOSE is a midsized detached house of 98m², built sometime between 1996 and 2002. It was last sold for £210,000 in July 2010, which was around 22% below the average July 2010 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

18 PRIESTLY CLOSE Sold Prices

Land registry data shows two sales for 18 PRIESTLY 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 18 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
2010 2 JUL	£210,000	£267,949	22% below HPI
2002 5 JUL	£150,000	£182,100	18% below HPI

18 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 two 18 PRIESTLY CLOSE sales from July 2002 and July 2010 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 PRIESTLY CLOSE be worth now?

18 PRIESTLY CLOSE might now be worth an estimated £345,759.

This is based on house price inflation of 64.6%, between July 2010 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 64.6% inflationary increase is applied to the most recent sale price for 18 PRIESTLY CLOSE of £210,000 on 2nd July 2010. For the value to have increased from £210,000 to £345,759 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 18 PRIESTLY CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2010 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PRIESTLY CLOSE has not materially changed since July 2010.

How Large is 18 PRIESTLY CLOSE?

18 PRIESTLY CLOSE is 98m² according to the EPC inspection conducted in February 2010. 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 18 PRIESTLY CLOSE lies on this distribution: 48% of detached houses houses are smaller than 18 PRIESTLY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

18 PRIESTLY CLOSE: Plot and Title Map

18 PRIESTLY CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 18 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 18 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 18 PRIESTLY CLOSE?

18 PRIESTLY CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 18 on PRIESTLY CLOSE.