5, RUSKIN CLOSE, STOWMARKET, IP14 1TY - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 RUSKIN CLOSE is a large extended detached house of 113m², built sometime between 1991 and 1995. It was last sold for £285,000 in July 2020, which was around 25% below the average July 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

5 RUSKIN CLOSE Sold Prices

Land registry data shows three sales for 5 RUSKIN 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 RUSKIN 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
2020 31 JUL	£285,000	£380,707	25% below HPI
2009 19 JUN	£172,500	£226,949	24% below HPI
1998 27 MAY	£92,950	£95,340	3% below HPI

5 RUSKIN 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 RUSKIN CLOSE sales between May 1998 and July 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 June 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 RUSKIN CLOSE be worth now?

5 RUSKIN CLOSE might now be worth an estimated £330,264.

This is based on house price inflation of 15.9%, between July 2020 and December 2024, 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 15.9% inflationary increase is applied to the most recent sale price for 5 RUSKIN CLOSE of £285,000 on 31st July 2020. For the value to have increased from £285,000 to £330,264 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 RUSKIN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RUSKIN CLOSE has not materially changed since July 2020.

How Large is 5 RUSKIN CLOSE?

5 RUSKIN CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% 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 RUSKIN CLOSE lies on this distribution: 64% of detached houses houses are smaller than 5 RUSKIN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

5 RUSKIN CLOSE: Plot and Title Map

5 RUSKIN CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 RUSKIN 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 RUSKIN 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 RUSKIN CLOSE?

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