20, SPRING LANE, WICKHAM MARKET, WOODBRIDGE, IP13 0SJ - £800,000

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

20 SPRING LANE is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £800,000 in July 2022, which was around 84% above the average July 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

20 SPRING LANE Sold Prices

Land registry data shows two sales for 20 SPRING 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 20 SPRING 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 JUL	£800,000	£433,680	84% above HPI
2007 1 JUN	£495,000	£245,338	102% above HPI

20 SPRING 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 20 SPRING LANE sales from June 2007 and July 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 June 2007 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the July 2022 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 20 SPRING LANE?

20 SPRING LANE is 136m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% 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 20 SPRING LANE lies on this distribution: 62% of detached houses are smaller than 20 SPRING LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

20 SPRING LANE: Plot and Title Map

20 SPRING LANE sits on a plot of roughly 0.892 of an acre, or 3,611m². The below map shows the location of 20 SPRING 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 20 SPRING 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 20 SPRING LANE?

20 SPRING LANE is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 20 on SPRING LANE.