9, WREN CLOSE, STOWMARKET, IP14 5NT - £315,000

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

9 WREN CLOSE is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £315,000 in June 2018, which was around 15% below the average June 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

9 WREN CLOSE Sold Prices

Land registry data shows four sales for 9 WREN 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 9 WREN 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
2018 19 JUN	£315,000	£372,018	15% below HPI
2013 12 DEC	£216,000	£272,539	21% below HPI
2004 14 MAY	£183,000	£204,533	11% below HPI
2002 4 MAR	£144,950	£164,138	12% below HPI

9 WREN 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 9 WREN CLOSE sales between March 2002 and June 2018 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 December 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 WREN CLOSE?

9 WREN CLOSE is 113m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 9 WREN CLOSE lies on this distribution: 64% of detached houses are smaller than 9 WREN CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

9 WREN CLOSE: Plot and Title Map

9 WREN CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 9 WREN 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 9 WREN 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 9 WREN CLOSE?

9 WREN CLOSE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 9 on WREN CLOSE.