25, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £147,000

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

25 PARKWAY is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £147,000 in February 2013, which was around 41% below the average February 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

25 PARKWAY Sold Prices

Land registry data shows three sales for 25 PARKWAY 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 25 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
2013 21 FEB	£147,000	£248,967	41% below HPI
1997 6 FEB	£57,500	£78,673	27% below HPI
1996 27 SEP	£40,000	£74,696	46% below HPI

25 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 three 25 PARKWAY sales between September 1996 and February 2013 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 February 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 25 PARKWAY?

25 PARKWAY is 61m² according to the EPC inspection conducted in November 2010. 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 25 PARKWAY lies on this distribution: 2% of detached houses are smaller than 25 PARKWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

25 PARKWAY: Plot and Title Map

25 PARKWAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 25 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 25 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 25 PARKWAY?

25 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 25 on PARKWAY.