2, CHAMOMILE CLOSE, STOWUPLAND, STOWMARKET, IP14 4FE - £300,000

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.

2 CHAMOMILE CLOSE is a small detached house of 83m², built in 2020, which could now be worth an estimated £332,750. It was last sold for £300,000 in February 2021, which was around 25% below the average February 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

2 CHAMOMILE CLOSE Sold Prices

Land registry data shows one sale for 2 CHAMOMILE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 24 FEB	£300,000	£401,218	25% below HPI

What might 2 CHAMOMILE CLOSE be worth now?

2 CHAMOMILE CLOSE might now be worth an estimated £332,750.

This is based on house price inflation of 10.9%, between February 2021 and May 2026, for 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 10.9% inflationary increase is applied to the most recent sale price for 2 CHAMOMILE CLOSE of £300,000 on 24th February 2021. For the value to have increased from £300,000 to £332,750 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 CHAMOMILE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAMOMILE CLOSE has not materially changed since February 2021.

How Large is 2 CHAMOMILE CLOSE?

2 CHAMOMILE CLOSE is 83m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Stowupland, based on EPC data. The below chart shows the distribution of detached houses by size in Stowupland, and where 2 CHAMOMILE CLOSE lies on this distribution: 20% of detached houses are smaller than 2 CHAMOMILE CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Stowupland.

2 CHAMOMILE CLOSE: Plot

2 CHAMOMILE CLOSE sits on a plot of roughly 0.071 of an acre, or 289m².

Where is 2 CHAMOMILE CLOSE?

2 CHAMOMILE CLOSE is located in STOWUPLAND, in the IP14 postcode district.