THE SHIPWAY, MALLARD WAY, HOLLESLEY, WOODBRIDGE, IP12 3QJ - £390,000

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

THE SHIPWAY is a very large detached house of 174m², built sometime between 1996 and 2002, which could now be worth an estimated £433,514. It was last sold for £390,000 in June 2021, which was around 2% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

THE SHIPWAY Sold Prices

Land registry data shows two sales for THE SHIPWAY 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 THE SHIPWAY 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 30 JUN	£390,000	£380,583	2% above HPI
1999 11 JUN	£99,000	£93,339	6% above HPI

THE SHIPWAY 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 THE SHIPWAY sales from June 1999 and June 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 June 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might THE SHIPWAY be worth now?

THE SHIPWAY might now be worth an estimated £433,514.

This is based on house price inflation of 11.2%, between June 2021 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 11.2% inflationary increase is applied to the most recent sale price for THE SHIPWAY of £390,000 on 30th June 2021. For the value to have increased from £390,000 to £433,514 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE SHIPWAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of THE SHIPWAY has not materially changed since June 2021.

How Large is THE SHIPWAY?

THE SHIPWAY is 174m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Hollesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hollesley, and where THE SHIPWAY lies on this distribution: 91% of detached houses houses are smaller than THE SHIPWAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Hollesley.

THE SHIPWAY: Plot and Title Map

THE SHIPWAY sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of THE SHIPWAY, 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 THE SHIPWAY). 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 THE SHIPWAY?

THE SHIPWAY is located on MALLARD WAY in HOLLESLEY, in the IP12 postcode district. The below map shows the position of THE SHIPWAY on MALLARD WAY.