12, SHERIDAN CLOSE, STOWMARKET, IP14 1UL - £312,500

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

12 SHERIDAN CLOSE is a large extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £312,500 in January 2021, which was around 21% below the average January 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

12 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 12 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 12 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
2021 15 JAN	£312,500	£396,014	21% below HPI
2003 16 APR	£149,950	£194,353	23% below HPI

12 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 12 SHERIDAN CLOSE sales from April 2003 and January 2021 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 April 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 SHERIDAN CLOSE?

12 SHERIDAN CLOSE is 129m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 12 SHERIDAN CLOSE lies on this distribution: 79% of detached houses are smaller than 12 SHERIDAN CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

12 SHERIDAN CLOSE: Plot and Title Map

12 SHERIDAN CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 12 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 12 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 12 SHERIDAN CLOSE?

12 SHERIDAN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 12 on SHERIDAN CLOSE.