18, PARK ROAD, NEEDHAM MARKET, IPSWICH, IP6 8BH - £329,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 PARK ROAD is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £437,465. It was last sold for £329,995 in August 2016, which was around 4% below the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

18 PARK ROAD Sold Prices

Land registry data shows two sales for 18 PARK ROAD 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. One of the two 18 PARK ROAD sales was for below the average price, whilst the other was 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
2016 31 AUG	£329,995	£343,846	4% below HPI
1999 31 MAR	£129,950	£109,145	19% above HPI

18 PARK ROAD 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 18 PARK ROAD sales from March 1999 and August 2016 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 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 18 PARK ROAD be worth now?

18 PARK ROAD might now be worth an estimated £437,465.

This is based on house price inflation of 32.6%, between August 2016 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 32.6% inflationary increase is applied to the most recent sale price for 18 PARK ROAD of £329,995 on 31st August 2016. For the value to have increased from £329,995 to £437,465 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 18 PARK ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2016 sale price of £329,995 represented a fair market value for the property.
• The size, condition, and specification of 18 PARK ROAD has not materially changed since August 2016.

How Large is 18 PARK ROAD?

18 PARK ROAD is 97m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 18 PARK ROAD lies on this distribution: 35% of detached houses houses are smaller than 18 PARK ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

18 PARK ROAD: Plot and Title Map

18 PARK ROAD sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 18 PARK 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 18 PARK 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 18 PARK ROAD?

18 PARK ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 18 on PARK ROAD.