3, FLATFORD CLOSE, STOWMARKET, IP14 2PG - £165,000

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 FLATFORD CLOSE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £165,000 in July 2013, which was around 36% below the average July 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

3 FLATFORD CLOSE Sold Prices

Land registry data shows two sales for 3 FLATFORD 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 FLATFORD 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
2013 4 JUL	£165,000	£258,173	36% below HPI
2004 6 JUL	£157,000	£226,584	31% below HPI

3 FLATFORD 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 FLATFORD CLOSE sales from July 2004 and July 2013 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 July 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 3 FLATFORD CLOSE be worth now?

3 FLATFORD CLOSE might now be worth an estimated £281,955.

This is based on house price inflation of 70.9%, between July 2013 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 70.9% inflationary increase is applied to the most recent sale price for 3 FLATFORD CLOSE of £165,000 on 4th July 2013. For the value to have increased from £165,000 to £281,955 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 FLATFORD CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FLATFORD CLOSE has not materially changed since July 2013.

How Large is 3 FLATFORD CLOSE?

3 FLATFORD CLOSE is 108m² according to the EPC inspection conducted in September 2009. This puts it in the largest 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 FLATFORD CLOSE lies on this distribution: 60% of detached houses houses are smaller than 3 FLATFORD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

3 FLATFORD CLOSE: Plot and Title Map

3 FLATFORD CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 3 FLATFORD 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 FLATFORD 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 FLATFORD CLOSE?

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