1, SHERIDAN CLOSE, STOWMARKET, IP14 1UL - £237,000

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

1 SHERIDAN CLOSE is a midsized extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £237,000 in August 2015, which was around 21% below the average August 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 1 SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 1 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
2015 25 AUG	£237,000	£300,166	21% below HPI
2002 20 SEP	£142,500	£184,021	23% below HPI

1 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 two 1 SHERIDAN CLOSE sales from September 2002 and August 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 September 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 SHERIDAN CLOSE?

1 SHERIDAN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 1 SHERIDAN CLOSE lies on this distribution: 46% of detached houses are smaller than 1 SHERIDAN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 SHERIDAN CLOSE: Plot and Title Map

1 SHERIDAN CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 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 1 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 1 SHERIDAN CLOSE?

1 SHERIDAN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 1 on SHERIDAN CLOSE.