12, ORCHARD PLACE, WICKHAM MARKET, WOODBRIDGE, IP13 0RU - £205,000

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

12 ORCHARD PLACE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £205,000 in October 2017, which was around 41% below the average October 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

12 ORCHARD PLACE Sold Prices

Land registry data shows two sales for 12 ORCHARD PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 12 ORCHARD PLACE 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
2017 12 OCT	£205,000	£345,681	41% below HPI
1999 8 OCT	£65,000	£100,918	36% below HPI

12 ORCHARD PLACE 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 two 12 ORCHARD PLACE sales from October 1999 and October 2017 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 October 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12 ORCHARD PLACE?

12 ORCHARD PLACE is 91m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 12 ORCHARD PLACE lies on this distribution: 25% of detached houses are smaller than 12 ORCHARD PLACE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

12 ORCHARD PLACE: Plot and Title Map

12 ORCHARD PLACE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 12 ORCHARD PLACE, 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 12 ORCHARD PLACE). 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 12 ORCHARD PLACE?

12 ORCHARD PLACE is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 12 on ORCHARD PLACE.