11, MILLERS CLOSE, STOWMARKET, IP14 2NR - £195,000

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

11 MILLERS CLOSE is a very small detached house of 53m², built sometime between 1950 and 1966. It was last sold for £195,000 in February 2017, which was around 44% below the average February 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

11 MILLERS CLOSE Sold Prices

Land registry data shows two sales for 11 MILLERS 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 11 MILLERS 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
2017 21 FEB	£195,000	£350,873	44% below HPI
1997 17 JUL	£62,500	£87,688	29% below HPI

11 MILLERS 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 11 MILLERS CLOSE sales from July 1997 and February 2017 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 July 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 11 MILLERS CLOSE?

11 MILLERS CLOSE is 53m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 11 MILLERS CLOSE lies on this distribution: 1% of detached houses are smaller than 11 MILLERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

11 MILLERS CLOSE: Plot and Title Map

11 MILLERS CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 11 MILLERS 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 11 MILLERS 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 11 MILLERS CLOSE?

11 MILLERS CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 11 on MILLERS CLOSE.