28, BINYON CLOSE, STOWMARKET, IP14 1UU - £228,000

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.

28 BINYON CLOSE is a small semi-detached house of 80m², which could now be worth an estimated £274,580. It was last sold for £228,000 in October 2018, which was around 3% below the average October 2018 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

28 BINYON CLOSE Sold Prices

Land registry data shows three sales for 28 BINYON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. The three 28 BINYON 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
2018 3 OCT	£228,000	£236,266	3% below HPI
2018 24 AUG	£230,000	£237,815	3% below HPI
2016 6 JUN	£212,995	£213,785	Close to HPI

28 BINYON 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 three 28 BINYON CLOSE sales between June 2016 and October 2018 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 August 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, which was also at 3% below the HPI.

What might 28 BINYON CLOSE be worth now?

28 BINYON CLOSE might now be worth an estimated £274,580.

This is based on house price inflation of 20.4%, between October 2018 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 20.4% inflationary increase is applied to the most recent sale price for 28 BINYON CLOSE of £228,000 on 3rd October 2018. For the value to have increased from £228,000 to £274,580 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 BINYON CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The October 2018 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BINYON CLOSE has not materially changed since October 2018.

How Large is 28 BINYON CLOSE?

28 BINYON CLOSE is 80m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 28 BINYON CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 28 BINYON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

28 BINYON CLOSE: Plot and Title Map

28 BINYON CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 28 BINYON 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 28 BINYON 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 28 BINYON CLOSE?

28 BINYON CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 28 on BINYON CLOSE.