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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 KNIGHTS CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £387,500 in March 2012, which was around 52% 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	£254,450	52% above HPI
2003 26 SEP	£300,000	£206,130	46% above HPI
2001 12 APR	£225,000	£128,501	75% 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 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2012 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

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 in Debenham, based on EPC data. The below chart shows the distribution of detached houses by size in Debenham, and where 2 KNIGHTS CLOSE lies on this distribution: 86% of detached 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.