24, ROBIN CLOSE, STOWMARKET, IP14 5NG - £150,000

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.

24 ROBIN CLOSE is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £301,275. It was last sold for £150,000 in June 2009, which was around 34% below the average June 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

24 ROBIN CLOSE Sold Prices

Land registry data shows four sales for 24 ROBIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 24 ROBIN 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
2009 19 JUN	£150,000	£226,949	34% below HPI
2006 10 FEB	£162,500	£245,235	34% below HPI
2005 31 MAY	£159,995	£235,332	32% below HPI
2003 28 MAR	£139,950	£197,843	29% below HPI

24 ROBIN 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 four 24 ROBIN CLOSE sales between March 2003 and June 2009 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 February 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2009 sale, which was also at 34% below the HPI.

What might 24 ROBIN CLOSE be worth now?

24 ROBIN CLOSE might now be worth an estimated £301,275.

This is based on house price inflation of 100.8%, between June 2009 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 100.8% inflationary increase is applied to the most recent sale price for 24 ROBIN CLOSE of £150,000 on 19th June 2009. For the value to have increased from £150,000 to £301,275 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 24 ROBIN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2009 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ROBIN CLOSE has not materially changed since June 2009.

How Large is 24 ROBIN CLOSE?

24 ROBIN CLOSE is 74m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% 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 24 ROBIN CLOSE lies on this distribution: 13% of detached houses houses are smaller than 24 ROBIN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

24 ROBIN CLOSE: Plot and Title Map

24 ROBIN CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 24 ROBIN 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 24 ROBIN 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 24 ROBIN CLOSE?

24 ROBIN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 24 on ROBIN CLOSE.