8, WREN CLOSE, STOWMARKET, IP14 5NT - £250,000

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 WREN CLOSE is a very large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2014, which was around 11% below the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

8 WREN CLOSE Sold Prices

Land registry data shows three sales for 8 WREN 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. One of the three 8 WREN CLOSE sales was for below the average price, whilst two were for above 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
2014 24 JAN	£250,000	£282,020	11% below HPI
2004 7 MAY	£221,000	£209,351	6% above HPI
2002 29 MAY	£179,950	£173,847	4% above HPI

8 WREN 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 8 WREN CLOSE sales between May 2002 and January 2014 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 May 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 WREN CLOSE be worth now?

8 WREN CLOSE might now be worth an estimated £391,081.

This is based on house price inflation of 56.4%, between January 2014 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 56.4% inflationary increase is applied to the most recent sale price for 8 WREN CLOSE of £250,000 on 24th January 2014. For the value to have increased from £250,000 to £391,081 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 8 WREN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WREN CLOSE has not materially changed since January 2014.

How Large is 8 WREN CLOSE?

8 WREN CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 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 WREN CLOSE lies on this distribution: 82% of detached houses houses are smaller than 8 WREN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

8 WREN CLOSE: Plot and Title Map

8 WREN CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 8 WREN 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 WREN 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 WREN CLOSE?

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