5, LOCKINGTON CLOSE, STOWMARKET, IP14 1BH - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 LOCKINGTON CLOSE is a very large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £540,000 in October 2022, which was around 21% above the average October 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

5 LOCKINGTON CLOSE Sold Prices

Land registry data shows two sales for 5 LOCKINGTON 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 LOCKINGTON 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
2022 7 OCT	£540,000	£445,264	21% above HPI
1995 15 SEP	£122,500	£78,984	55% above HPI

5 LOCKINGTON 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 LOCKINGTON CLOSE sales from September 1995 and October 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 September 1995 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 5 LOCKINGTON CLOSE?

5 LOCKINGTON CLOSE is 161m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 LOCKINGTON CLOSE lies on this distribution: 92% of detached houses are smaller than 5 LOCKINGTON CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

5 LOCKINGTON CLOSE: Plot and Title Map

5 LOCKINGTON CLOSE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 5 LOCKINGTON 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 LOCKINGTON 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 LOCKINGTON CLOSE?

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