22, WREN CLOSE, STOWMARKET, IP14 5NT - £397,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 WREN CLOSE is a very large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £397,500 in August 2023, which was around 7% below the average August 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

22 WREN CLOSE Sold Prices

Land registry data shows three sales for 22 WREN 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. The three 22 WREN CLOSE sales were a mix of below the average price, and roughly equal to 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
2023 4 AUG	£397,500	£429,182	7% below HPI
2005 16 MAY	£209,000	£229,916	9% below HPI
2002 28 MAR	£164,950	£164,138	Close to HPI

22 WREN 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 22 WREN CLOSE sales between March 2002 and August 2023 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 May 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 22 WREN CLOSE?

22 WREN CLOSE is 134m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 22 WREN CLOSE lies on this distribution: 81% of detached houses are smaller than 22 WREN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

22 WREN CLOSE: Plot and Title Map

22 WREN CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 22 WREN 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 22 WREN 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 22 WREN CLOSE?

22 WREN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 22 on WREN CLOSE.