8, NORTH CLOSE, BACTON, STOWMARKET, IP14 4LT - £185,000

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.

8 NORTH CLOSE is a midsized extended semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £216,780. It was last sold for £185,000 in November 2019, which was around 22% below the average November 2019 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

8 NORTH CLOSE Sold Prices

Land registry data shows one sale for 8 NORTH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2019 22 NOV	£185,000	£237,547	22% below HPI

What might 8 NORTH CLOSE be worth now?

8 NORTH CLOSE might now be worth an estimated £216,780.

This is based on house price inflation of 17.2%, between November 2019 and May 2026, for semi-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 17.2% inflationary increase is applied to the most recent sale price for 8 NORTH CLOSE of £185,000 on 22nd November 2019. For the value to have increased from £185,000 to £216,780 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 8 NORTH CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORTH CLOSE has not materially changed since November 2019.

How Large is 8 NORTH CLOSE?

8 NORTH CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of semi-detached houses in Bacton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Bacton, and where 8 NORTH CLOSE lies on this distribution: 43% of semi-detached houses are smaller than 8 NORTH CLOSE, and 58% of semi-detached houses are larger. Note that EPC data is not available for all properties in Bacton.

8 NORTH CLOSE: Plot

8 NORTH CLOSE sits on a plot of roughly 0.075 of an acre, or 303m².

Where is 8 NORTH CLOSE?

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