2, KNIGHTS CLOSE, DEBENHAM, STOWMARKET, IP14 6PG - £387,500

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.

2 KNIGHTS CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002, which could now be worth an estimated £678,199. It was last sold for £387,500 in March 2012, which was around 49% above the average March 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

2 KNIGHTS CLOSE Sold Prices

Land registry data shows three sales for 2 KNIGHTS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 2 KNIGHTS CLOSE sales were for above 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
2012 5 MAR	£387,500	£260,444	49% above HPI
2003 26 SEP	£300,000	£210,986	42% above HPI
2001 12 APR	£225,000	£131,528	71% above HPI

2 KNIGHTS 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 three 2 KNIGHTS CLOSE sales between April 2001 and March 2012 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 September 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2012 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 2 KNIGHTS CLOSE be worth now?

2 KNIGHTS CLOSE might now be worth an estimated £678,199.

This is based on house price inflation of 75%, between March 2012 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 75% inflationary increase is applied to the most recent sale price for 2 KNIGHTS CLOSE of £387,500 on 5th March 2012. For the value to have increased from £387,500 to £678,199 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 2 KNIGHTS CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2012 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 2 KNIGHTS CLOSE has not materially changed since March 2012.

How Large is 2 KNIGHTS CLOSE?

2 KNIGHTS CLOSE is 162m² according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Debenham, and where 2 KNIGHTS CLOSE lies on this distribution: 86% of detached houses houses are smaller than 2 KNIGHTS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Debenham.

2 KNIGHTS CLOSE: Plot and Title Map

2 KNIGHTS CLOSE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 2 KNIGHTS 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 2 KNIGHTS 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 2 KNIGHTS CLOSE?

2 KNIGHTS CLOSE is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 2 on KNIGHTS CLOSE.