7, THOMAS ARNE CLOSE, STOWMARKET, IP14 1TF - £237,000

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

7 THOMAS ARNE CLOSE is a small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £237,000 in October 2018, which was around 38% below the average October 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

7 THOMAS ARNE CLOSE Sold Prices

Land registry data shows three sales for 7 THOMAS ARNE 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 7 THOMAS ARNE 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
2018 16 OCT	£237,000	£381,033	38% below HPI
2004 16 JAN	£134,500	£215,430	38% below HPI
2002 27 SEP	£122,500	£188,356	35% below HPI

7 THOMAS ARNE 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 7 THOMAS ARNE CLOSE sales between September 2002 and October 2018 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 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2018 sale, which was also at 38% below the HPI.

What might 7 THOMAS ARNE CLOSE be worth now?

7 THOMAS ARNE CLOSE might now be worth an estimated £274,405.

This is based on house price inflation of 15.8%, between October 2018 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 15.8% inflationary increase is applied to the most recent sale price for 7 THOMAS ARNE CLOSE of £237,000 on 16th October 2018. For the value to have increased from £237,000 to £274,405 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 THOMAS ARNE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2018 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THOMAS ARNE CLOSE has not materially changed since October 2018.

How Large is 7 THOMAS ARNE CLOSE?

7 THOMAS ARNE CLOSE is 81m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% 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 7 THOMAS ARNE CLOSE lies on this distribution: 23% of detached houses houses are smaller than 7 THOMAS ARNE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

7 THOMAS ARNE CLOSE: Plot and Title Map

7 THOMAS ARNE CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 7 THOMAS ARNE 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 7 THOMAS ARNE 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 7 THOMAS ARNE CLOSE?

7 THOMAS ARNE CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 7 on THOMAS ARNE CLOSE.