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
16 WREN CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £262,500 in August 2015, which was around 13% below the average August 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 WREN CLOSE since 1st 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 16 WREN 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 28 AUG | £262,500 | £300,166 | 13% below HPI |
2002 29 APR | £157,950 | £165,365 | 4% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 16 WREN CLOSE sales from April 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 April 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
16 WREN CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 16 WREN CLOSE lies on this distribution: 72% of detached houses are smaller than 16 WREN CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
16 WREN CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 16 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 16 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.
16 WREN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 16 on WREN CLOSE.