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
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 36% 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.
Land registry data shows three sales for 7 THOMAS ARNE CLOSE since 1st 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 | £372,264 | 36% below HPI |
2004 16 JAN | £134,500 | £210,472 | 36% below HPI |
2002 27 SEP | £122,500 | £184,021 | 33% below HPI |
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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2018 sale, which was also at 36% below the HPI.
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 in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 7 THOMAS ARNE CLOSE lies on this distribution: 23% of detached 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 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.
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.