48, MIDDY CLOSE, MENDLESHAM, STOWMARKET, IP14 5TN - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 MIDDY CLOSE is a large detached house of 134m², which could now be worth an estimated £506,722. It was last sold for £480,000 in March 2022, which was around 11% above the average March 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

48 MIDDY CLOSE Sold Prices

Land registry data shows two sales for 48 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. One of the two 48 MIDDY CLOSE sales was for above the average price, whilst the other was 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
2022 31 MAR	£480,000	£431,789	11% above HPI
2019 5 APR	£370,000	£382,613	3% below HPI

48 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 48 MIDDY CLOSE sales from April 2019 and March 2022 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 April 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 48 MIDDY CLOSE be worth now?

48 MIDDY CLOSE might now be worth an estimated £506,722.

This is based on house price inflation of 5.6%, between March 2022 and February 2025, 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 5.6% inflationary increase is applied to the most recent sale price for 48 MIDDY CLOSE of £480,000 on 31st March 2022. For the value to have increased from £480,000 to £506,722 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 48 MIDDY CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MIDDY CLOSE has not materially changed since March 2022.

How Large is 48 MIDDY CLOSE?

48 MIDDY CLOSE is 134m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% 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 48 MIDDY CLOSE lies on this distribution: 75% of detached houses houses are smaller than 48 MIDDY CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

48 MIDDY CLOSE: Plot and Title Map

48 MIDDY CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 48 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 48 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 48 MIDDY CLOSE?

48 MIDDY CLOSE is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 48 on MIDDY CLOSE.