PARSONS MEADOW, CHURCH STREET, WANGFORD, BECCLES, NR34 8RW - £675,000

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

PARSONS MEADOW is a very large detached house of 210m², built sometime between 1983 and 1990. It was last sold for £675,000 in October 2019, which was around 93% above the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was A.

PARSONS MEADOW Sold Prices

Land registry data shows two sales for PARSONS MEADOW 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 PARSONS MEADOW 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
2019 1 OCT	£675,000	£349,022	93% above HPI
2011 27 JUN	£520,000	£253,490	105% above HPI

PARSONS MEADOW 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 PARSONS MEADOW sales from June 2011 and October 2019 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 2011 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the October 2019 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is PARSONS MEADOW?

PARSONS MEADOW is 210m² according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Wangford, based on EPC data. The below chart shows the distribution of detached houses by size in Wangford, and where PARSONS MEADOW lies on this distribution: 89% of detached houses are smaller than PARSONS MEADOW, and 11% of houses are larger. Note that EPC data is not available for all properties in Wangford.

PARSONS MEADOW: Plot and Title Map

PARSONS MEADOW sits on a plot of roughly 0.349 of an acre, or 1,411m². The below map shows the location of PARSONS MEADOW, 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 PARSONS MEADOW). 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 PARSONS MEADOW?

PARSONS MEADOW is located on CHURCH STREET in WANGFORD, in the NR34 postcode district. The below map shows the position of PARSONS MEADOW on CHURCH STREET.