4, CHAPEL LANE, WICKHAM MARKET, WOODBRIDGE, IP13 0SD - £440,000

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.

4 CHAPEL LANE is a large extended semi-detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £432,950. It was last sold for £440,000 in November 2022, which was around 55% above the average November 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 CHAPEL LANE Sold Prices

Land registry data shows three sales for 4 CHAPEL LANE 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 4 CHAPEL LANE 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
2022 1 NOV	£440,000	£283,594	55% above HPI
2001 5 JUL	£105,000	£79,189	33% above HPI
1998 19 MAR	£64,950	£51,529	26% above HPI

4 CHAPEL LANE 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 4 CHAPEL LANE sales between March 1998 and November 2022 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 2001 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2022 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 4 CHAPEL LANE be worth now?

4 CHAPEL LANE might now be worth an estimated £432,950.

This is based on house price deflation of 1.6%, between November 2022 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 1.6% deflationary decrease is applied to the most recent sale price for 4 CHAPEL LANE of £440,000 on 1st November 2022. For the value to have decreased from £440,000 to £432,950 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 CHAPEL LANE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The November 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHAPEL LANE has not materially changed since November 2022.

How Large is 4 CHAPEL LANE?

4 CHAPEL LANE is 150m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 4 CHAPEL LANE lies on this distribution: 72% of semi-detached houses houses are smaller than 4 CHAPEL LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

4 CHAPEL LANE: Plot and Title Map

4 CHAPEL LANE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 4 CHAPEL LANE, 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 4 CHAPEL LANE). 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 4 CHAPEL LANE?

4 CHAPEL LANE is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 4 on CHAPEL LANE.