29, MONARCH WAY, PINEWOOD, IPSWICH, IP8 3TA - £312,000

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

29 MONARCH WAY is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £312,000 in November 2023, which was around 33% below the average November 2023 detached price in the Babergh local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

29 MONARCH WAY Sold Prices

Land registry data shows three sales for 29 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 29 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 17 NOV	£312,000	£465,005	33% below HPI
2003 30 MAY	£167,500	£218,069	23% below HPI
1999 6 OCT	£104,995	£120,305	13% below HPI

29 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 three 29 MONARCH WAY sales between October 1999 and November 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 May 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 29 MONARCH WAY?

29 MONARCH WAY is 102m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 29 MONARCH WAY lies on this distribution: 37% of detached houses are smaller than 29 MONARCH WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

29 MONARCH WAY: Plot and Title Map

29 MONARCH WAY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 29 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 29 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 29 MONARCH WAY?

29 MONARCH WAY is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 29 on MONARCH WAY.