39, PINECROFT WAY, NEEDHAM MARKET, IPSWICH, IP6 8HB - £225,000

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

39 PINECROFT WAY is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £225,000 in May 2012, which was around 12% below the average May 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

39 PINECROFT WAY Sold Prices

Land registry data shows three sales for 39 PINECROFT 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 Mid Suffolk local authority area for the corresponding sale date. All of the three 39 PINECROFT 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
2012 31 MAY	£225,000	£254,669	12% below HPI
2006 31 MAY	£215,000	£238,552	10% below HPI
1999 22 JAN	£87,000	£100,825	14% below HPI

39 PINECROFT WAY 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 three 39 PINECROFT WAY sales between January 1999 and May 2012 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 39 PINECROFT WAY?

39 PINECROFT WAY is 102m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Needham Market, and where 39 PINECROFT WAY lies on this distribution: 43% of detached houses are smaller than 39 PINECROFT WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

39 PINECROFT WAY: Plot and Title Map

39 PINECROFT WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 39 PINECROFT 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 39 PINECROFT 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 39 PINECROFT WAY?

39 PINECROFT WAY is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 39 on PINECROFT WAY.