26, SPRING LANE, WICKHAM MARKET, WOODBRIDGE, IP13 0SJ - £620,000

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

26 SPRING LANE is a very large extended detached house of 238m², built sometime between 1983 and 1990. It was last sold for £620,000 in June 2021, which was around 63% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

26 SPRING LANE Sold Prices

Land registry data shows four sales for 26 SPRING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 26 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
2021 29 JUN	£620,000	£380,524	63% above HPI
2006 2 MAR	£430,000	£222,557	93% above HPI
1999 10 SEP	£160,000	£100,856	59% above HPI
1998 22 OCT	£86,000	£90,728	5% below HPI

26 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 four 26 SPRING LANE sales between October 1998 and June 2021 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 March 2006 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the June 2021 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 26 SPRING LANE?

26 SPRING LANE is 238m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 26 SPRING LANE lies on this distribution: 96% of detached houses are smaller than 26 SPRING LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

26 SPRING LANE: Plot and Title Map

26 SPRING LANE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 26 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 26 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 26 SPRING LANE?

26 SPRING LANE is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 26 on SPRING LANE.