38, MIDDY CLOSE, MENDLESHAM, STOWMARKET, IP14 5TN - £297,500

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

38 MIDDY CLOSE is a small detached house of 94m², which could now be worth an estimated £331,306. It was last sold for £297,500 in April 2021, which was around 25% below the average April 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

38 MIDDY CLOSE Sold Prices

Land registry data shows two sales for 38 MIDDY 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 38 MIDDY 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
2021 23 APR	£297,500	£396,155	25% below HPI
2018 31 AUG	£284,950	£383,803	26% below HPI

38 MIDDY 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 38 MIDDY CLOSE sales from August 2018 and April 2021 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 MIDDY CLOSE be worth now?

38 MIDDY CLOSE might now be worth an estimated £331,306.

This is based on house price inflation of 11.4%, between April 2021 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 11.4% inflationary increase is applied to the most recent sale price for 38 MIDDY CLOSE of £297,500 on 23rd April 2021. For the value to have increased from £297,500 to £331,306 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 38 MIDDY CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 38 MIDDY CLOSE has not materially changed since April 2021.

How Large is 38 MIDDY CLOSE?

38 MIDDY CLOSE is 94m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mendlesham, and where 38 MIDDY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 38 MIDDY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

38 MIDDY CLOSE: Plot and Title Map

38 MIDDY CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 38 MIDDY 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 38 MIDDY 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 38 MIDDY CLOSE?

38 MIDDY CLOSE is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 38 on MIDDY CLOSE.