3, RUSKIN CLOSE, STOWMARKET, IP14 1TY - £310,000

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 RUSKIN CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £310,000 in January 2023, which was around 32% below the average January 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

3 RUSKIN CLOSE Sold Prices

Land registry data shows three sales for 3 RUSKIN 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. All of the three 3 RUSKIN 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
2023 31 JAN	£310,000	£454,106	32% below HPI
2011 15 JUL	£185,000	£251,973	27% below HPI
1999 19 JUL	£87,995	£107,037	18% below HPI

3 RUSKIN 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 3 RUSKIN CLOSE sales between July 1999 and January 2023 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 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 RUSKIN CLOSE be worth now?

3 RUSKIN CLOSE might now be worth an estimated £301,170.

This is based on house price deflation of 2.8%, between January 2023 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 2.8% deflationary decrease is applied to the most recent sale price for 3 RUSKIN CLOSE of £310,000 on 31st January 2023. For the value to have decreased from £310,000 to £301,170 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 RUSKIN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RUSKIN CLOSE has not materially changed since January 2023.

How Large is 3 RUSKIN CLOSE?

3 RUSKIN CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% 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 RUSKIN CLOSE lies on this distribution: 37% of detached houses houses are smaller than 3 RUSKIN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

3 RUSKIN CLOSE: Plot and Title Map

3 RUSKIN CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 RUSKIN 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 RUSKIN 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 RUSKIN CLOSE?

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