55, BROAD ROAD, WICKHAM MARKET, WOODBRIDGE, IP13 0RL - £200,000

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.

55 BROAD ROAD is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £254,961. It was last sold for £200,000 in May 2017, which was around 40% below the average May 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

55 BROAD ROAD Sold Prices

Land registry data shows two sales for 55 BROAD ROAD 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 55 BROAD ROAD 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
2017 24 MAY	£200,000	£331,852	40% below HPI
2016 24 JUN	£268,000	£306,226	12% below HPI

55 BROAD ROAD 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 55 BROAD ROAD sales from June 2016 and May 2017 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 June 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 55 BROAD ROAD be worth now?

55 BROAD ROAD might now be worth an estimated £254,961.

This is based on house price inflation of 27.5%, between May 2017 and February 2025, 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 27.5% inflationary increase is applied to the most recent sale price for 55 BROAD ROAD of £200,000 on 24th May 2017. For the value to have increased from £200,000 to £254,961 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 55 BROAD ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BROAD ROAD has not materially changed since May 2017.

How Large is 55 BROAD ROAD?

55 BROAD ROAD is 123m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% 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 55 BROAD ROAD lies on this distribution: 55% of detached houses houses are smaller than 55 BROAD ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

55 BROAD ROAD: Plot and Title Map

55 BROAD ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 55 BROAD ROAD, 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 55 BROAD ROAD). 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 55 BROAD ROAD?

55 BROAD ROAD is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 55 on BROAD ROAD.