BEDFORD HOUSE, THE PIGHTLE, NEEDHAM MARKET, IPSWICH, IP6 8AQ - £315,000

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

BEDFORD HOUSE is a large extended detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £379,742. It was last sold for £315,000 in August 2020, which was around 17% below the average August 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

BEDFORD HOUSE Sold Prices

Land registry data shows two sales for BEDFORD HOUSE 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 BEDFORD HOUSE sales was for below the average price, whilst the other was 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
2020 14 AUG	£315,000	£378,113	17% below HPI
2000 1 DEC	£185,000	£131,040	41% above HPI

BEDFORD HOUSE 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 BEDFORD HOUSE sales from December 2000 and August 2020 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 December 2000 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might BEDFORD HOUSE be worth now?

BEDFORD HOUSE might now be worth an estimated £379,742.

This is based on house price inflation of 20.6%, between August 2020 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for BEDFORD HOUSE of £315,000 on 14th August 2020. For the value to have increased from £315,000 to £379,742 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of BEDFORD HOUSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of BEDFORD HOUSE has not materially changed since August 2020.

How Large is BEDFORD HOUSE?

BEDFORD HOUSE is 140m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where BEDFORD HOUSE lies on this distribution: 79% of detached houses houses are smaller than BEDFORD HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

BEDFORD HOUSE: Plot and Title Map

BEDFORD HOUSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of BEDFORD HOUSE, 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 BEDFORD HOUSE). 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 BEDFORD HOUSE?

BEDFORD HOUSE is located on THE PIGHTLE in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of BEDFORD HOUSE on THE PIGHTLE.