5, BURES CLOSE, STOWMARKET, IP14 2PL - £145,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 BURES CLOSE is a very small semi-detached house of 56m², built sometime between 1976 and 1982. It was last sold for £145,000 in August 2012, which was around 43% below the average August 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

5 BURES CLOSE Sold Prices

Land registry data shows three sales for 5 BURES 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 5 BURES 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
2012 3 AUG	£145,000	£253,833	43% below HPI
2007 30 APR	£154,995	£263,872	41% below HPI
2003 29 AUG	£118,500	£203,996	42% below HPI

5 BURES 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 5 BURES CLOSE sales between August 2003 and August 2012 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 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 5 BURES CLOSE?

5 BURES CLOSE is 56m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 5 BURES CLOSE lies on this distribution: 2% of detached houses are smaller than 5 BURES CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

5 BURES CLOSE: Plot and Title Map

5 BURES CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 BURES 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 5 BURES 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 5 BURES CLOSE?

5 BURES CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 5 on BURES CLOSE.