2, CHAPEL LANE, WICKHAM MARKET, WOODBRIDGE, IP13 0SD - £390,000

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

2 CHAPEL LANE is a midsized extended semi-detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £397,063. It was last sold for £390,000 in June 2022, which was around 42% above the average June 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

2 CHAPEL LANE Sold Prices

Land registry data shows four sales for 2 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 2 CHAPEL LANE sales 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
2022 13 JUN	£390,000	£274,086	42% above HPI
2015 14 SEP	£235,000	£191,056	23% above HPI
2009 26 JUN	£193,500	£145,635	33% above HPI
1997 29 SEP	£70,000	£51,919	35% above HPI

2 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 2 CHAPEL LANE sales between September 1997 and June 2022 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 September 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 CHAPEL LANE be worth now?

2 CHAPEL LANE might now be worth an estimated £397,063.

This is based on house price inflation of 1.8%, between June 2022 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for 2 CHAPEL LANE of £390,000 on 13th June 2022. For the value to have increased from £390,000 to £397,063 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 CHAPEL LANE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL LANE has not materially changed since June 2022.

How Large is 2 CHAPEL LANE?

2 CHAPEL LANE is 124m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of semi-detached houses houses in Wickham Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wickham Market, and where 2 CHAPEL LANE lies on this distribution: 56% of semi-detached houses houses are smaller than 2 CHAPEL LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

2 CHAPEL LANE: Plot and Title Map

2 CHAPEL LANE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 2 CHAPEL LANE, 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 2 CHAPEL LANE). 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 2 CHAPEL LANE?

2 CHAPEL LANE is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 2 on CHAPEL LANE.