1, Cedar Close
1, Cedar Close
Description & Estimates
1, Cedar Close, Stowmarket is recorded publicly as a mid-century freehold house across 990 ft2 of internal area, sitting on a 391 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Cedar Close, Stowmarket is £264,895 and its rental estimate is £1,176 per month, given the available information and assuming reasonable condition.
Cedar Close, Bacton, Stowmarket, IP14 falls within the IP14 postal district, in the borough of Mid Suffolk.
Our Data Sources
1, Cedar Close, Stowmarket has 31 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Cedar Close, Stowmarket, we estimate a market value of £278,140 and a rental value of £1,234 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £246,352 and £1,093 per month respectively.
Recent Market Change
Over the last year, 1, Cedar Close, Stowmarket has seen its estimated sale value move down by £10,823 (4.1%) and its estimated rental value increase by £31 per month (2.6%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 1, Cedar Close, Stowmarket as measuring 391 m2.
That makes it the 6th largest plot in the postcode, where 17 of the 20 other houses have recorded plot data.
Energy Efficiency
1, Cedar Close, Stowmarket has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jun 2021.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 1, Cedar Close, Stowmarket completed on 2nd August 2023 at £254,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 7.5% over the period since August 2023.
- Sold Aug 2023£254,000
- Sold May 2013£160,000
- Sold Mar 1995£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Cedar Close, Stowmarket have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd June 2024, was 55, Pound Hill, Stowmarket, IP14 4LP, a freehold house which sold for £227,000.
Read more about house prices in IP14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Cedar Close, Bacton, Stowmarket, IP14, 1, Cedar Close, Stowmarket comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the IP14 district.
More reading links
Schools Nearby
- 600mBacton Primary School
- 4.7kmGislingham Church of England Primary School
- 4.7kmMendlesham Primary School
- 7.2kmStowupland High School
- 8.4kmStowmarket High School
- 10.6kmHartismere School
More reading links
Public Transport Nearby
From 1, Cedar Close, Stowmarket, the nearest station is Elmswell, 7.5 kilometres away.
- 7.5kmElmswell
- 8.3kmStowmarket
- 12.7kmNeedham Market
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
