7, BISHOPS WAY, STRADBROKE, EYE, IP21 5JR - £137,500

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

7 BISHOPS WAY is a midsized detached house of 127m², built sometime between 1976 and 1982. It was last sold for £137,500 in June 2001, which was around 4% above the average June 2001 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

7 BISHOPS WAY Sold Prices

Land registry data shows two sales for 7 BISHOPS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 7 BISHOPS WAY sales was for above the average price, whilst the other was 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
2001 22 JUN	£137,500	£132,183	4% above HPI
1998 26 NOV	£88,000	£99,972	12% below HPI

7 BISHOPS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 7 BISHOPS WAY sales from November 1998 and June 2001 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 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2001 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 BISHOPS WAY?

7 BISHOPS WAY is 127m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 7 BISHOPS WAY lies on this distribution: 56% of detached houses are smaller than 7 BISHOPS WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

7 BISHOPS WAY: Plot and Title Map

7 BISHOPS WAY sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 7 BISHOPS 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 7 BISHOPS 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 7 BISHOPS WAY?

7 BISHOPS WAY is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 7 on BISHOPS WAY.