1, MARKET STREET, LAXFIELD, WOODBRIDGE, IP13 8DR - £250,000

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.

1 MARKET STREET is a small detached house of 95m², built sometime before 1900, which could now be worth an estimated £430,319. It was last sold for £250,000 in October 2011, which was around 6% below the average October 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was E.

1 MARKET STREET Sold Prices

Land registry data shows two sales for 1 MARKET STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 1 MARKET STREET 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
2011 7 OCT	£250,000	£264,819	6% below HPI
2007 8 MAR	£249,995	£266,862	6% below HPI

1 MARKET STREET 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 two 1 MARKET STREET sales from March 2007 and October 2011 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 March 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2011 sale, which was also at 6% below the HPI.

What might 1 MARKET STREET be worth now?

1 MARKET STREET might now be worth an estimated £430,319.

This is based on house price inflation of 72.1%, between October 2011 and February 2025, for 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 72.1% inflationary increase is applied to the most recent sale price for 1 MARKET STREET of £250,000 on 7th October 2011. For the value to have increased from £250,000 to £430,319 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 MARKET STREET has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARKET STREET has not materially changed since October 2011.

How Large is 1 MARKET STREET?

1 MARKET STREET is 95m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laxfield, and where 1 MARKET STREET lies on this distribution: 25% of detached houses houses are smaller than 1 MARKET STREET, and 75% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

1 MARKET STREET: Plot and Title Map

1 MARKET STREET sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 1 MARKET STREET, 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 MARKET STREET). 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 MARKET STREET?

1 MARKET STREET is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 1 on MARKET STREET.