6, HESSETT CLOSE, STOWMARKET, IP14 2NT - £275,000

6 HESSETT CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £275,000 in September 2022, which was around 38% below the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

6 HESSETT CLOSE Sold Prices

Land registry data shows three sales for 6 HESSETT 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 6 HESSETT 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
2022 2 SEP	£275,000	£440,159	38% below HPI
2019 25 MAR	£198,000	£372,776	47% below HPI
1998 9 DEC	£57,500	£98,377	42% below HPI

6 HESSETT 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 6 HESSETT CLOSE sales between December 1998 and September 2022 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 March 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 HESSETT CLOSE?

6 HESSETT CLOSE is 68m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 6 HESSETT CLOSE lies on this distribution: 8% of detached houses are smaller than 6 HESSETT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

6 HESSETT CLOSE: Plot and Title Map

6 HESSETT CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 6 HESSETT 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 6 HESSETT 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 6 HESSETT CLOSE?

6 HESSETT CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 6 on HESSETT CLOSE.