3, CUTTINGS CLOSE, MENDLESHAM, STOWMARKET, IP14 5TT - £325,000

3 CUTTINGS CLOSE is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £325,000 in October 2011, which was around 26% above the average October 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 CUTTINGS CLOSE Sold Prices

Land registry data shows two sales for 3 CUTTINGS 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 3 CUTTINGS CLOSE sales were for above 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
2011 17 OCT	£325,000	£258,724	26% above HPI
2001 17 AUG	£192,000	£141,359	36% above HPI

3 CUTTINGS 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 3 CUTTINGS CLOSE sales from August 2001 and October 2011 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 August 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2011 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 CUTTINGS CLOSE?

3 CUTTINGS CLOSE is 106m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 3 CUTTINGS CLOSE lies on this distribution: 53% of detached houses are smaller than 3 CUTTINGS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

3 CUTTINGS CLOSE: Plot and Title Map

3 CUTTINGS CLOSE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 3 CUTTINGS 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 3 CUTTINGS 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 3 CUTTINGS CLOSE?

3 CUTTINGS CLOSE is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 3 on CUTTINGS CLOSE.