2, OTTER CLOSE, STOWMARKET, IP14 2FA - £152,500

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 OTTER CLOSE is a very small semi-detached house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £233,717. It was last sold for £152,500 in July 2014, which was around 18% below the average July 2014 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

2 OTTER CLOSE Sold Prices

Land registry data shows two sales for 2 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 2 OTTER 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
2014 23 JUL	£152,500	£185,659	18% below HPI
2006 28 APR	£130,000	£155,655	16% below HPI

2 OTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 2 OTTER CLOSE sales from April 2006 and July 2014 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 OTTER CLOSE be worth now?

2 OTTER CLOSE might now be worth an estimated £233,717.

This is based on house price inflation of 53.3%, between July 2014 and February 2025, for semi-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 53.3% inflationary increase is applied to the most recent sale price for 2 OTTER CLOSE of £152,500 on 23rd July 2014. For the value to have increased from £152,500 to £233,717 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 OTTER CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The July 2014 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OTTER CLOSE has not materially changed since July 2014.

How Large is 2 OTTER CLOSE?

2 OTTER CLOSE is 69m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 2 OTTER CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 2 OTTER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 OTTER CLOSE: Plot and Title Map

2 OTTER CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 OTTER 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 OTTER 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 OTTER CLOSE?

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