29, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £237,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 PARKWAY is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £286,544. It was last sold for £237,500 in December 2017, which was around 31% below the average December 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

29 PARKWAY Sold Prices

Land registry data shows two sales for 29 PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 29 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
2017 8 DEC	£237,500	£342,219	31% below HPI
2008 4 JUL	£170,000	£256,184	34% below HPI

29 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 two 29 PARKWAY sales from July 2008 and December 2017 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 July 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 29 PARKWAY be worth now?

29 PARKWAY might now be worth an estimated £286,544.

This is based on house price inflation of 20.6%, between December 2017 and December 2024, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 29 PARKWAY of £237,500 on 8th December 2017. For the value to have increased from £237,500 to £286,544 over the seven years to December 2024, the following assumptions must hold true:

• The value of 29 PARKWAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2017 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 29 PARKWAY has not materially changed since December 2017.

How Large is 29 PARKWAY?

29 PARKWAY is 82m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in Wickham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickham Market, and where 29 PARKWAY lies on this distribution: 16% of detached houses houses are smaller than 29 PARKWAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

29 PARKWAY: Plot and Title Map

29 PARKWAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 29 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 29 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 29 PARKWAY?

29 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 29 on PARKWAY.