6, MILDEN CLOSE, STOWMARKET, IP14 2RF - £207,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 MILDEN CLOSE is a small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £207,500 in February 2015, which was around 29% below the average February 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

6 MILDEN CLOSE Sold Prices

Land registry data shows three sales for 6 MILDEN 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 6 MILDEN 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
2015 12 FEB	£207,500	£293,744	29% below HPI
2012 3 APR	£159,995	£255,098	37% below HPI
2009 13 NOV	£155,000	£244,154	37% below HPI

6 MILDEN 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 6 MILDEN CLOSE sales between November 2009 and February 2015 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 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 MILDEN CLOSE?

6 MILDEN CLOSE is 80m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 6 MILDEN CLOSE lies on this distribution: 23% of detached houses are smaller than 6 MILDEN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

6 MILDEN CLOSE: Plot and Title Map

6 MILDEN CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 6 MILDEN 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 6 MILDEN 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 6 MILDEN CLOSE?

6 MILDEN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 6 on MILDEN CLOSE.