3, BROAD ROAD, WICKHAM MARKET, WOODBRIDGE, IP13 0RJ - £425,000

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.

3 BROAD ROAD is a midsized extended semi-detached house of 110m², built sometime between 1900 and 1929, which could now be worth an estimated £483,330. It was last sold for £425,000 in September 2021, which was around 73% above the average September 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

3 BROAD ROAD Sold Prices

Land registry data shows three sales for 3 BROAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 3 BROAD ROAD 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 23 SEP	£425,000	£245,373	73% above HPI
2007 20 APR	£263,000	£162,029	62% above HPI
1997 18 JUL	£68,000	£51,496	32% above HPI

3 BROAD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 3 BROAD ROAD sales between July 1997 and September 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 April 2007 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2021 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 3 BROAD ROAD be worth now?

3 BROAD ROAD might now be worth an estimated £483,330.

This is based on house price inflation of 13.7%, between September 2021 and February 2025, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 3 BROAD ROAD of £425,000 on 23rd September 2021. For the value to have increased from £425,000 to £483,330 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 BROAD ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The September 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROAD ROAD has not materially changed since September 2021.

How Large is 3 BROAD ROAD?

3 BROAD ROAD is 110m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of semi-detached houses houses in Wickham Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wickham Market, and where 3 BROAD ROAD lies on this distribution: 42% of semi-detached houses houses are smaller than 3 BROAD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

3 BROAD ROAD: Plot and Title Map

3 BROAD ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 3 BROAD 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 3 BROAD 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 3 BROAD ROAD?

3 BROAD ROAD is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 3 on BROAD ROAD.