28, DANES CLOSE, STOWMARKET, IP14 1QJ - £265,000

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

28 DANES CLOSE is a very small detached house of 71m², built sometime from 2007 onwards. It was last sold for £265,000 in July 2016, which was around 22% below the average July 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

28 DANES CLOSE Sold Prices

Land registry data shows two sales for 28 DANES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 28 DANES 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
2016 28 JUL	£265,000	£340,803	22% below HPI
2008 10 NOV	£165,000	£260,912	37% below HPI

28 DANES 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 two 28 DANES CLOSE sales from November 2008 and July 2016 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 November 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 28 DANES CLOSE be worth now?

28 DANES CLOSE might now be worth an estimated £343,044.

This is based on house price inflation of 29.5%, between July 2016 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 29.5% inflationary increase is applied to the most recent sale price for 28 DANES CLOSE of £265,000 on 28th July 2016. For the value to have increased from £265,000 to £343,044 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 28 DANES CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2016 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 28 DANES CLOSE has not materially changed since July 2016.

How Large is 28 DANES CLOSE?

28 DANES CLOSE is 71m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 28 DANES CLOSE lies on this distribution: 10% of detached houses houses are smaller than 28 DANES CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

28 DANES CLOSE: Plot and Title Map

28 DANES CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 28 DANES 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 DANES 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 DANES CLOSE?

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