8, SHERIDAN CLOSE, STOWMARKET, IP14 1UL - £172,000

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

8 SHERIDAN CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £172,000 in April 2013, which was around 33% below the average April 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

8 SHERIDAN CLOSE Sold Prices

Land registry data shows four sales for 8 SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 8 SHERIDAN 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
2013 25 APR	£172,000	£258,620	33% below HPI
2011 26 JAN	£177,000	£261,430	32% below HPI
2005 26 AUG	£170,500	£241,596	29% below HPI
2002 1 NOV	£147,750	£193,233	24% below HPI

8 SHERIDAN 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 four 8 SHERIDAN CLOSE sales between November 2002 and April 2013 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 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 SHERIDAN CLOSE be worth now?

8 SHERIDAN CLOSE might now be worth an estimated £293,409.

This is based on house price inflation of 70.6%, between April 2013 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 70.6% inflationary increase is applied to the most recent sale price for 8 SHERIDAN CLOSE of £172,000 on 25th April 2013. For the value to have increased from £172,000 to £293,409 over the ten years and four months to December 2024, the following assumptions must hold true:

• The value of 8 SHERIDAN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2013 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHERIDAN CLOSE has not materially changed since April 2013.

How Large is 8 SHERIDAN CLOSE?

8 SHERIDAN CLOSE is 79m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 8 SHERIDAN CLOSE lies on this distribution: 19% of detached houses houses are smaller than 8 SHERIDAN CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

8 SHERIDAN CLOSE: Plot and Title Map

8 SHERIDAN CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 8 SHERIDAN 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 8 SHERIDAN 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 8 SHERIDAN CLOSE?

8 SHERIDAN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 8 on SHERIDAN CLOSE.