2, WILKINSON WAY, MELTON, WOODBRIDGE, IP12 1SS - £495,000

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 WILKINSON WAY is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £495,000 in June 2020, which was around 41% above the average June 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

2 WILKINSON WAY Sold Prices

Land registry data shows three sales for 2 WILKINSON 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 East Suffolk local authority area for the corresponding sale date. All of the three 2 WILKINSON WAY 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
2020 25 JUN	£495,000	£352,260	41% above HPI
2012 13 JAN	£300,000	£260,137	15% above HPI
1999 10 DEC	£150,250	£102,225	47% above HPI

2 WILKINSON WAY 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 three 2 WILKINSON WAY sales between December 1999 and June 2020 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 January 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 WILKINSON WAY?

2 WILKINSON WAY is 117m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 2 WILKINSON WAY lies on this distribution: 40% of detached houses are smaller than 2 WILKINSON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

2 WILKINSON WAY: Plot and Title Map

2 WILKINSON WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 2 WILKINSON 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 WILKINSON 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 WILKINSON WAY?

2 WILKINSON WAY is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 2 on WILKINSON WAY.