2, MONARCH WAY, PINEWOOD, IPSWICH, IP8 3TA - £222,500

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 MONARCH WAY is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £222,500 in September 2010, which was around 21% below the average September 2010 detached price in the Babergh local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

2 MONARCH WAY Sold Prices

Land registry data shows two sales for 2 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 2 MONARCH 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
2010 27 SEP	£222,500	£280,710	21% below HPI
1999 11 JUN	£105,500	£107,243	2% below HPI

2 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 2 MONARCH WAY sales from June 1999 and September 2010 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 June 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 MONARCH WAY?

2 MONARCH WAY is 104m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 2 MONARCH WAY lies on this distribution: 39% of detached houses are smaller than 2 MONARCH WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 MONARCH WAY: Plot and Title Map

2 MONARCH WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 MONARCH 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 2 MONARCH 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 2 MONARCH WAY?

2 MONARCH WAY is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 2 on MONARCH WAY.