22, MONARCH WAY, PINEWOOD, IPSWICH, IP8 3TA - £349,950

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

22 MONARCH WAY is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £349,950 in April 2023, which was around 27% below the average April 2023 detached price in the Babergh local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

22 MONARCH WAY Sold Prices

Land registry data shows four sales for 22 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 22 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
2023 4 APR	£349,950	£482,491	27% below HPI
2014 22 AUG	£208,000	£321,260	35% below HPI
2002 15 MAR	£128,000	£160,290	20% below HPI
1999 28 JUN	£89,500	£107,243	17% below HPI

22 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 four 22 MONARCH WAY sales between June 1999 and April 2023 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 MONARCH WAY?

22 MONARCH WAY is 84m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 22 MONARCH WAY lies on this distribution: 18% of detached houses are smaller than 22 MONARCH WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

22 MONARCH WAY: Plot and Title Map

22 MONARCH WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 22 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 22 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 22 MONARCH WAY?

22 MONARCH WAY is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 22 on MONARCH WAY.