23, GREENFINCH CLOSE, STOWMARKET, IP14 5UT - £415,000

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

23 GREENFINCH CLOSE is a very large extended detached house of 167m², built sometime between 2007 and 2011. It was last sold for £415,000 in March 2024, which was about the average March 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

23 GREENFINCH CLOSE Sold Prices

Land registry data shows three sales for 23 GREENFINCH 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 23 GREENFINCH CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2024 8 MAR	£415,000	£416,835	Close to HPI
2016 10 JUN	£315,000	£342,951	8% below HPI
2010 18 JUN	£270,000	£261,673	3% above HPI

23 GREENFINCH 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 23 GREENFINCH CLOSE sales between June 2010 and March 2024 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 June 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 GREENFINCH CLOSE be worth now?

23 GREENFINCH CLOSE might now be worth an estimated £439,229.

This is based on house price inflation of 5.8%, between March 2024 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 5.8% inflationary increase is applied to the most recent sale price for 23 GREENFINCH CLOSE of £415,000 on 8th March 2024. For the value to have increased from £415,000 to £439,229 over the three months to December 2024, the following assumptions must hold true:

• The value of 23 GREENFINCH CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GREENFINCH CLOSE has not materially changed since March 2024.

How Large is 23 GREENFINCH CLOSE?

23 GREENFINCH CLOSE is 167m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% 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 23 GREENFINCH CLOSE lies on this distribution: 93% of detached houses houses are smaller than 23 GREENFINCH CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

23 GREENFINCH CLOSE: Plot and Title Map

23 GREENFINCH CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 23 GREENFINCH 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 23 GREENFINCH 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 23 GREENFINCH CLOSE?

23 GREENFINCH CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 23 on GREENFINCH CLOSE.