15, BISHOPS WAY, STRADBROKE, EYE, IP21 5JR - £231,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 BISHOPS WAY is a small semi-detached house of 101m², built sometime between 1996 and 2002. It was last sold for £231,000 in March 2015, which was around 22% below the average March 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

15 BISHOPS WAY Sold Prices

Land registry data shows three sales for 15 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. All of the three 15 BISHOPS WAY 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
2015 3 MAR	£231,000	£297,505	22% below HPI
2006 26 MAY	£198,750	£238,552	17% below HPI
2000 24 MAR	£92,000	£115,877	21% below HPI

15 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 15 BISHOPS WAY sales between March 2000 and March 2015 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 May 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 BISHOPS WAY?

15 BISHOPS WAY is 101m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 15 BISHOPS WAY lies on this distribution: 34% of detached houses are smaller than 15 BISHOPS WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

15 BISHOPS WAY: Plot and Title Map

15 BISHOPS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 15 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 15 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 15 BISHOPS WAY?

15 BISHOPS WAY is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 15 on BISHOPS WAY.