5, BROAD ROAD, WICKHAM MARKET, WOODBRIDGE, IP13 0RJ - £240,000

5 BROAD ROAD is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £240,000 in July 2020, which was around 33% below the average July 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 BROAD ROAD Sold Prices

Land registry data shows three sales for 5 BROAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 5 BROAD ROAD 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
2020 30 JUL	£240,000	£357,411	33% below HPI
2017 15 DEC	£249,500	£342,166	27% below HPI
2010 17 DEC	£168,000	£249,357	33% below HPI

5 BROAD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 5 BROAD ROAD sales between December 2010 and July 2020 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 BROAD ROAD?

5 BROAD ROAD is 57m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Wickham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Wickham Market, and where 5 BROAD ROAD lies on this distribution: 1% of detached houses are smaller than 5 BROAD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

5 BROAD ROAD: Plot and Title Map

5 BROAD ROAD sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 5 BROAD ROAD, 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 5 BROAD ROAD). 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 5 BROAD ROAD?

5 BROAD ROAD is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 5 on BROAD ROAD.