38, WINCHESTER CLOSE, STOWMARKET, IP14 1SH - £200,000

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.

38 WINCHESTER CLOSE is a very small semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £245,428. It was last sold for £200,000 in June 2019, which was around 14% below the average June 2019 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

38 WINCHESTER CLOSE Sold Prices

Land registry data shows two sales for 38 WINCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 38 WINCHESTER 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
2019 21 JUN	£200,000	£231,868	14% below HPI
2014 20 JUN	£145,000	£180,368	20% below HPI

38 WINCHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 38 WINCHESTER CLOSE sales from June 2014 and June 2019 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 June 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 38 WINCHESTER CLOSE be worth now?

38 WINCHESTER CLOSE might now be worth an estimated £245,428.

This is based on house price inflation of 22.7%, between June 2019 and February 2025, for semi-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 22.7% inflationary increase is applied to the most recent sale price for 38 WINCHESTER CLOSE of £200,000 on 21st June 2019. For the value to have increased from £200,000 to £245,428 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 38 WINCHESTER CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The June 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WINCHESTER CLOSE has not materially changed since June 2019.

How Large is 38 WINCHESTER CLOSE?

38 WINCHESTER CLOSE is 58m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 38 WINCHESTER CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 38 WINCHESTER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

38 WINCHESTER CLOSE: Plot and Title Map

38 WINCHESTER CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 38 WINCHESTER 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 38 WINCHESTER 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 38 WINCHESTER CLOSE?

38 WINCHESTER CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 38 on WINCHESTER CLOSE.