5, GOLDFINCH CLOSE, STOWMARKET, IP14 5FG - £265,000

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.

5 GOLDFINCH CLOSE is a midsized extended detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £329,881. It was last sold for £265,000 in August 2017, which was around 29% below the average August 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

5 GOLDFINCH CLOSE Sold Prices

Land registry data shows two sales for 5 GOLDFINCH 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 5 GOLDFINCH 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
2017 18 AUG	£265,000	£373,534	29% below HPI
2004 30 SEP	£179,950	£237,916	24% below HPI

5 GOLDFINCH 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 5 GOLDFINCH CLOSE sales from September 2004 and August 2017 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 September 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 GOLDFINCH CLOSE be worth now?

5 GOLDFINCH CLOSE might now be worth an estimated £329,881.

This is based on house price inflation of 24.5%, between August 2017 and March 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 24.5% inflationary increase is applied to the most recent sale price for 5 GOLDFINCH CLOSE of £265,000 on 18th August 2017. For the value to have increased from £265,000 to £329,881 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of 5 GOLDFINCH CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GOLDFINCH CLOSE has not materially changed since August 2017.

How Large is 5 GOLDFINCH CLOSE?

5 GOLDFINCH CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 5 GOLDFINCH CLOSE lies on this distribution: 44% of detached houses houses are smaller than 5 GOLDFINCH CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

5 GOLDFINCH CLOSE: Plot and Title Map

5 GOLDFINCH CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 GOLDFINCH 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 GOLDFINCH 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 GOLDFINCH CLOSE?

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