14, MILLERS CLOSE, STOWMARKET, IP14 2NR - £170,000

14 MILLERS CLOSE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £170,000 in August 2012, which was around 33% below the average August 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

14 MILLERS CLOSE Sold Prices

Land registry data shows three sales for 14 MILLERS 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. All of the three 14 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
2012 29 AUG	£170,000	£253,833	33% below HPI
2003 18 SEP	£136,500	£206,130	34% below HPI
1995 28 FEB	£59,000	£78,344	25% below HPI

14 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 three 14 MILLERS CLOSE sales between February 1995 and August 2012 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 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2012 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 14 MILLERS CLOSE?

14 MILLERS CLOSE is 56m² according to the EPC inspection conducted in March 2012. 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 14 MILLERS CLOSE lies on this distribution: 2% of detached houses are smaller than 14 MILLERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

14 MILLERS CLOSE: Plot and Title Map

14 MILLERS CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 14 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 14 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 14 MILLERS CLOSE?

14 MILLERS CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 14 on MILLERS CLOSE.