5, NORTH CLOSE, BACTON, STOWMARKET, IP14 4LT - £85,000

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.

5 NORTH CLOSE is a terraced house, which could now be worth an estimated £210,885. It was last sold for £85,000 in August 2002, which was around 6% below the average August 2002 terraced price in the Mid Suffolk local authority area.

5 NORTH CLOSE Sold Prices

Land registry data shows three sales for 5 NORTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 5 NORTH 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
2002 9 AUG	£85,000	£90,129	6% below HPI
1998 15 JUL	£46,250	£47,365	2% below HPI
1996 11 OCT	£41,000	£41,235	1% below HPI

What might 5 NORTH CLOSE be worth now?

5 NORTH CLOSE might now be worth an estimated £210,885.

This is based on house price inflation of 148.1%, between August 2002 and May 2026, for terraced 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 148.1% inflationary increase is applied to the most recent sale price for 5 NORTH CLOSE of £85,000 on 9th August 2002. For the value to have increased from £85,000 to £210,885 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 5 NORTH CLOSE has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The August 2002 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NORTH CLOSE has not materially changed since August 2002.

Where is 5 NORTH CLOSE?

5 NORTH CLOSE is located in BACTON, in the IP14 postcode district.