2, HALL LANE, WICKHAM MARKET, WOODBRIDGE, IP13 0TG - £430,000

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

2 HALL LANE is a midsized detached house of 116m². It was last sold for £430,000 in February 2021, which was around 15% above the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

2 HALL LANE Sold Prices

Land registry data shows two sales for 2 HALL LANE 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 2 HALL 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
2021 3 FEB	£430,000	£373,390	15% above HPI
2015 30 APR	£324,995	£286,842	13% above HPI

2 HALL LANE 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 2 HALL LANE sales from April 2015 and February 2021 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 April 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 HALL LANE?

2 HALL LANE is 116m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% 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 2 HALL LANE lies on this distribution: 49% of detached houses are smaller than 2 HALL LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

2 HALL LANE: Plot and Title Map

2 HALL LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 HALL 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 HALL 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 HALL LANE?

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