4, ASH CLOSE, BACTON, STOWMARKET, IP14 4NR - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 ASH CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £130,000 in January 2014, which was around 53% below the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

4 ASH CLOSE Sold Prices

Land registry data shows two sales for 4 ASH 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 4 ASH 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
2014 17 JAN	£130,000	£275,529	53% below HPI
2002 24 MAY	£92,500	£169,846	46% below HPI

4 ASH 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 4 ASH CLOSE sales from May 2002 and January 2014 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 May 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2014 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 4 ASH CLOSE?

4 ASH CLOSE is 62m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where 4 ASH CLOSE lies on this distribution: 3% of detached houses are smaller than 4 ASH CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bacton.

4 ASH CLOSE: Plot and Title Map

4 ASH CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 4 ASH 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 4 ASH 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 4 ASH CLOSE?

4 ASH CLOSE is located in BACTON, in the IP14 postcode district. The below map shows the position of No. 4 on ASH CLOSE.