21, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £167,000

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

21 PARKWAY is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £167,000 in January 2014, which was around 36% below the average January 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

21 PARKWAY Sold Prices

Land registry data shows five sales for 21 PARKWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 21 PARKWAY 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
2014 13 JAN	£167,000	£262,038	36% below HPI
2012 21 DEC	£150,000	£246,975	39% below HPI
2009 30 NOV	£182,000	£239,205	24% below HPI
2004 31 MAR	£170,000	£204,684	17% below HPI
2003 14 JUL	£129,000	£186,962	31% below HPI

21 PARKWAY 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 five 21 PARKWAY sales between July 2003 and January 2014 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 December 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 21 PARKWAY?

21 PARKWAY is 59m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 21 PARKWAY lies on this distribution: 1% of detached houses are smaller than 21 PARKWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

21 PARKWAY: Plot and Title Map

21 PARKWAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 21 PARKWAY, 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 21 PARKWAY). 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 21 PARKWAY?

21 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 21 on PARKWAY.