5, KNIGHTS CLOSE, DEBENHAM, STOWMARKET, IP14 6PG - £565,000

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 KNIGHTS CLOSE is a midsized detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £637,310. It was last sold for £565,000 in December 2020, which was around 40% above the average December 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

5 KNIGHTS CLOSE Sold Prices

Land registry data shows two sales for 5 KNIGHTS 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 KNIGHTS CLOSE sales were for above 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
2020 15 DEC	£565,000	£404,108	40% above HPI
2001 8 JAN	£220,000	£132,236	66% above HPI

5 KNIGHTS 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 KNIGHTS CLOSE sales from January 2001 and December 2020 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 January 2001 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the December 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 5 KNIGHTS CLOSE be worth now?

5 KNIGHTS CLOSE might now be worth an estimated £637,310.

This is based on house price inflation of 12.8%, between December 2020 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 12.8% inflationary increase is applied to the most recent sale price for 5 KNIGHTS CLOSE of £565,000 on 15th December 2020. For the value to have increased from £565,000 to £637,310 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 KNIGHTS CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2020 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KNIGHTS CLOSE has not materially changed since December 2020.

How Large is 5 KNIGHTS CLOSE?

5 KNIGHTS CLOSE is 125m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Debenham, and where 5 KNIGHTS CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 KNIGHTS CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Debenham.

5 KNIGHTS CLOSE: Plot and Title Map

5 KNIGHTS CLOSE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 5 KNIGHTS 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 KNIGHTS 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 KNIGHTS CLOSE?

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