3, BOXFORD CLOSE, STOWMARKET, IP14 2PU - £315,000

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

3 BOXFORD CLOSE is a midsized extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £315,000 in March 2024, which was around 24% below the average March 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

3 BOXFORD CLOSE Sold Prices

Land registry data shows two sales for 3 BOXFORD 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 3 BOXFORD 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
2024 15 MAR	£315,000	£416,835	24% below HPI
2009 15 DEC	£185,000	£246,985	25% below HPI

3 BOXFORD 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 3 BOXFORD CLOSE sales from December 2009 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 December 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 BOXFORD CLOSE be worth now?

3 BOXFORD CLOSE might now be worth an estimated £333,391.

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 3 BOXFORD CLOSE of £315,000 on 15th March 2024. For the value to have increased from £315,000 to £333,391 over the three months to December 2024, the following assumptions must hold true:

• The value of 3 BOXFORD CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BOXFORD CLOSE has not materially changed since March 2024.

How Large is 3 BOXFORD CLOSE?

3 BOXFORD CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% 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 3 BOXFORD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 BOXFORD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

3 BOXFORD CLOSE: Plot and Title Map

3 BOXFORD CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 BOXFORD 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 3 BOXFORD 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 3 BOXFORD CLOSE?

3 BOXFORD CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 3 on BOXFORD CLOSE.