2, JACKSNIPE CLOSE, STOWMARKET, IP14 5BH - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 JACKSNIPE CLOSE is a small extended detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £271,175. It was last sold for £250,000 in April 2024, which was around 41% below the average April 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 JACKSNIPE CLOSE Sold Prices

Land registry data shows three sales for 2 JACKSNIPE 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 2 JACKSNIPE 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
2024 22 APR	£250,000	£420,234	41% below HPI
2018 31 MAY	£245,000	£376,860	35% below HPI
2006 31 OCT	£184,750	£264,426	30% below HPI

2 JACKSNIPE 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 2 JACKSNIPE CLOSE sales between October 2006 and April 2024 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 May 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 JACKSNIPE CLOSE be worth now?

2 JACKSNIPE CLOSE might now be worth an estimated £271,175.

This is based on house price inflation of 8.5%, between April 2024 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 2 JACKSNIPE CLOSE of £250,000 on 22nd April 2024. For the value to have increased from £250,000 to £271,175 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 2 JACKSNIPE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 JACKSNIPE CLOSE has not materially changed since April 2024.

How Large is 2 JACKSNIPE CLOSE?

2 JACKSNIPE CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 2 JACKSNIPE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 JACKSNIPE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 JACKSNIPE CLOSE: Plot and Title Map

2 JACKSNIPE CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 2 JACKSNIPE 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 2 JACKSNIPE 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 2 JACKSNIPE CLOSE?

2 JACKSNIPE CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 2 on JACKSNIPE CLOSE.