2A, FREEHOLD ROAD, NEEDHAM MARKET, IPSWICH, IP6 8DU - £335,000

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.

2A FREEHOLD ROAD is a large extended detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £403,800. It was last sold for £335,000 in September 2017, which was around 11% below the average September 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2A FREEHOLD ROAD Sold Prices

Land registry data shows two sales for 2A FREEHOLD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 2A FREEHOLD 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
2017 18 SEP	£335,000	£378,163	11% below HPI
2004 16 JAN	£192,000	£215,430	11% below HPI

2A FREEHOLD 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 two 2A FREEHOLD ROAD sales from January 2004 and September 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 January 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2017 sale, which was also at 11% below the HPI.

What might 2A FREEHOLD ROAD be worth now?

2A FREEHOLD ROAD might now be worth an estimated £403,800.

This is based on house price inflation of 20.5%, between September 2017 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 20.5% inflationary increase is applied to the most recent sale price for 2A FREEHOLD ROAD of £335,000 on 18th September 2017. For the value to have increased from £335,000 to £403,800 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2A FREEHOLD ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2017 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2A FREEHOLD ROAD has not materially changed since September 2017.

How Large is 2A FREEHOLD ROAD?

2A FREEHOLD ROAD is 125m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 2A FREEHOLD ROAD lies on this distribution: 71% of detached houses houses are smaller than 2A FREEHOLD ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

2A FREEHOLD ROAD: Plot and Title Map

2A FREEHOLD ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2A FREEHOLD 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 2A FREEHOLD 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 2A FREEHOLD ROAD?

2A FREEHOLD ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 2A on FREEHOLD ROAD.