41, PEARSONS WAY, COPDOCK, IPSWICH, IP8 3LG - £240,000

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

41 PEARSONS WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2019, which was around 43% below the average August 2019 detached price in the Babergh local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

41 PEARSONS WAY Sold Prices

Land registry data shows five sales for 41 PEARSONS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the five 41 PEARSONS 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
2019 9 AUG	£240,000	£419,750	43% below HPI
2017 20 JAN	£215,000	£385,499	44% below HPI
2014 27 OCT	£165,000	£320,452	49% below HPI
1998 1 OCT	£69,950	£103,761	33% below HPI
1996 19 DEC	£62,500	£85,461	27% below HPI

41 PEARSONS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The five 41 PEARSONS WAY sales between December 1996 and August 2019 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 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2019 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 41 PEARSONS WAY?

41 PEARSONS WAY is 70m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Washbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Washbrook, and where 41 PEARSONS WAY lies on this distribution: 16% of detached houses are smaller than 41 PEARSONS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Washbrook.

41 PEARSONS WAY: Plot and Title Map

41 PEARSONS WAY sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 41 PEARSONS 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 41 PEARSONS 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 41 PEARSONS WAY?

41 PEARSONS WAY is located in COPDOCK, in the IP8 postcode district. The below map shows the position of No. 41 on PEARSONS WAY.