26, PARK ROAD, NEEDHAM MARKET, IPSWICH, IP6 8BH - £387,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 PARK ROAD is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £413,231. It was last sold for £387,000 in August 2024, which was around 9% below the average August 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

26 PARK ROAD Sold Prices

Land registry data shows three sales for 26 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 26 PARK ROAD 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
2024 9 AUG	£387,000	£426,892	9% below HPI
2022 1 SEP	£400,000	£448,906	11% below HPI
2017 19 OCT	£290,000	£380,777	24% below HPI

26 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 26 PARK ROAD sales between October 2017 and August 2024 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 September 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 26 PARK ROAD be worth now?

26 PARK ROAD might now be worth an estimated £413,231.

This is based on house price inflation of 6.8%, between August 2024 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 26 PARK ROAD of £387,000 on 9th August 2024. For the value to have increased from £387,000 to £413,231 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 26 PARK ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2024 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 26 PARK ROAD has not materially changed since August 2024.

How Large is 26 PARK ROAD?

26 PARK ROAD is 94m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 26 PARK ROAD lies on this distribution: 31% of detached houses houses are smaller than 26 PARK ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

26 PARK ROAD: Plot and Title Map

26 PARK ROAD sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 26 PARK ROAD, 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 26 PARK ROAD). 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 26 PARK ROAD?

26 PARK ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 26 on PARK ROAD.