33, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £223,000

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.

33 PARKWAY is a small semi-detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £301,398. It was last sold for £223,000 in February 2017, which was around 8% above the average February 2017 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

33 PARKWAY Sold Prices

Land registry data shows three sales for 33 PARKWAY 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. One of the three 33 PARKWAY sales was for above the average price, whilst two 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 14 FEB	£223,000	£206,465	8% above HPI
2015 30 OCT	£188,000	£191,434	2% below HPI
2011 25 MAR	£132,500	£154,995	15% below HPI

33 PARKWAY 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 33 PARKWAY sales between March 2011 and February 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 October 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 33 PARKWAY be worth now?

33 PARKWAY might now be worth an estimated £301,398.

This is based on house price inflation of 35.2%, between February 2017 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 35.2% inflationary increase is applied to the most recent sale price for 33 PARKWAY of £223,000 on 14th February 2017. For the value to have increased from £223,000 to £301,398 over the eight years to February 2025, the following assumptions must hold true:

• The value of 33 PARKWAY has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2017 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 33 PARKWAY has not materially changed since February 2017.

How Large is 33 PARKWAY?

33 PARKWAY is 94m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% 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 33 PARKWAY lies on this distribution: 27% of semi-detached houses houses are smaller than 33 PARKWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

33 PARKWAY: Plot and Title Map

33 PARKWAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 33 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 33 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 33 PARKWAY?

33 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 33 on PARKWAY.