5, GILES WAY, WITNESHAM, IPSWICH, IP6 9HB - £665,000

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

5 GILES WAY is a large detached house of 201m², built sometime between 1996 and 2002. It was last sold for £665,000 in April 2021, which was around 76% above the average April 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 GILES WAY Sold Prices

Land registry data shows three sales for 5 GILES 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 East Suffolk local authority area for the corresponding sale date. All of the three 5 GILES WAY 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
2021 19 APR	£665,000	£376,979	76% above HPI
2010 12 JUL	£500,000	£254,374	97% above HPI
1996 8 AUG	£159,100	£73,808	116% above HPI

5 GILES WAY 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 three 5 GILES WAY sales between August 1996 and April 2021 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 2010 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the April 2021 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 5 GILES WAY?

5 GILES WAY is 201m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Witnesham, based on EPC data. The below chart shows the distribution of detached houses by size in Witnesham, and where 5 GILES WAY lies on this distribution: 76% of detached houses are smaller than 5 GILES WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

5 GILES WAY: Plot and Title Map

5 GILES WAY sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of 5 GILES 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 5 GILES 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 5 GILES WAY?

5 GILES WAY is located in WITNESHAM, in the IP6 postcode district. The below map shows the position of No. 5 on GILES WAY.