7, RUSKIN CLOSE, STOWMARKET, IP14 1TY - £348,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RUSKIN CLOSE is a midsized extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £348,500 in November 2021, which was around 16% below the average November 2021 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.

7 RUSKIN CLOSE Sold Prices

Land registry data shows four sales for 7 RUSKIN 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. Most of the four 7 RUSKIN 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
2021 5 NOV	£348,500	£413,497	16% below HPI
2018 23 FEB	£289,000	£374,050	23% below HPI
2001 26 JUL	£138,000	£136,528	1% above HPI
1998 20 OCT	£89,250	£101,611	12% below HPI

7 RUSKIN 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 7 RUSKIN CLOSE sales between October 1998 and November 2021 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 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 RUSKIN CLOSE?

7 RUSKIN CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 7 RUSKIN CLOSE lies on this distribution: 51% of detached houses are smaller than 7 RUSKIN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

7 RUSKIN CLOSE: Plot and Title Map

7 RUSKIN CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 7 RUSKIN 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 7 RUSKIN 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 7 RUSKIN CLOSE?

7 RUSKIN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 7 on RUSKIN CLOSE.