24, WREN CLOSE, STOWMARKET, IP14 5NT - £370,000

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

24 WREN CLOSE is a very large detached house of 154m², built sometime between 1996 and 2002. It was last sold for £370,000 in July 2017, which was around 1% above the average July 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was C.

24 WREN CLOSE Sold Prices

Land registry data shows three sales for 24 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. One of the three 24 WREN CLOSE sales was for above the average price, whilst two 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
2017 18 JUL	£370,000	£367,809	1% above HPI
2002 6 DEC	£193,000	£196,979	2% below HPI
2002 28 MAR	£154,950	£168,005	8% below HPI

24 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 24 WREN CLOSE sales between March 2002 and July 2017 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 December 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 24 WREN CLOSE be worth now?

24 WREN CLOSE might now be worth an estimated £443,799.

This is based on house price inflation of 19.9%, between July 2017 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 19.9% inflationary increase is applied to the most recent sale price for 24 WREN CLOSE of £370,000 on 18th July 2017. For the value to have increased from £370,000 to £443,799 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 24 WREN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WREN CLOSE has not materially changed since July 2017.

How Large is 24 WREN CLOSE?

24 WREN CLOSE is 154m² according to the EPC inspection conducted in February 2017. 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 24 WREN CLOSE lies on this distribution: 91% of detached houses houses are smaller than 24 WREN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

24 WREN CLOSE: Plot and Title Map

24 WREN CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 24 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 24 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 24 WREN CLOSE?

24 WREN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 24 on WREN CLOSE.