4, MILDEN CLOSE, STOWMARKET, IP14 2RF - £295,000

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 MILDEN CLOSE is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £295,000 in July 2024, which was around 33% below the average July 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

4 MILDEN CLOSE Sold Prices

Land registry data shows four sales for 4 MILDEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 4 MILDEN 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 1 JUL	£295,000	£437,548	33% below HPI
2015 7 AUG	£205,000	£300,166	32% below HPI
2005 23 MAY	£152,000	£229,916	34% below HPI
2001 5 OCT	£93,000	£156,695	41% below HPI

4 MILDEN 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 four 4 MILDEN CLOSE sales between October 2001 and July 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 August 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 4 MILDEN CLOSE?

4 MILDEN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 4 MILDEN CLOSE lies on this distribution: 13% of detached houses are smaller than 4 MILDEN CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

4 MILDEN CLOSE: Plot and Title Map

4 MILDEN CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 MILDEN 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 MILDEN 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 MILDEN CLOSE?

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