44, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

44 PARKWAY is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £264,281. It was last sold for £190,000 in July 2015, which was around 36% below the average July 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

44 PARKWAY Sold Prices

Land registry data shows two sales for 44 PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 44 PARKWAY 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
2015 24 JUL	£190,000	£296,838	36% below HPI
1997 21 NOV	£60,000	£84,095	29% below HPI

44 PARKWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 44 PARKWAY sales from November 1997 and July 2015 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 November 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 44 PARKWAY be worth now?

44 PARKWAY might now be worth an estimated £264,281.

This is based on house price inflation of 39.1%, between July 2015 and December 2024, for 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 39.1% inflationary increase is applied to the most recent sale price for 44 PARKWAY of £190,000 on 24th July 2015. For the value to have increased from £190,000 to £264,281 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 44 PARKWAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 44 PARKWAY has not materially changed since July 2015.

How Large is 44 PARKWAY?

44 PARKWAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Wickham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickham Market, and where 44 PARKWAY lies on this distribution: 20% of detached houses houses are smaller than 44 PARKWAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

44 PARKWAY: Plot and Title Map

44 PARKWAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 44 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 44 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 44 PARKWAY?

44 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 44 on PARKWAY.