1, BISHOPS WAY, STRADBROKE, EYE, IP21 5JR - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BISHOPS WAY is a very large extended detached house of 186m², built sometime between 1976 and 1982. It was last sold for £325,000 in September 2019, which was around 14% below the average September 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

1 BISHOPS WAY Sold Prices

Land registry data shows three sales for 1 BISHOPS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the three 1 BISHOPS WAY sales was for below the average price, whilst two were for above 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
2019 10 SEP	£325,000	£376,807	14% below HPI
2008 6 FEB	£325,000	£272,855	19% above HPI
2002 27 FEB	£180,000	£158,656	13% above HPI

1 BISHOPS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 1 BISHOPS WAY sales between February 2002 and September 2019 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 February 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 BISHOPS WAY?

1 BISHOPS WAY is 186m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 1 BISHOPS WAY lies on this distribution: 84% of detached houses are smaller than 1 BISHOPS WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

1 BISHOPS WAY: Plot and Title Map

1 BISHOPS WAY sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 1 BISHOPS WAY, 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 1 BISHOPS WAY). 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 1 BISHOPS WAY?

1 BISHOPS WAY is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 1 on BISHOPS WAY.