THE WALNUTS, WALNUTS LANE, WICKHAM MARKET, WOODBRIDGE, IP13 0RZ - £575,000

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

THE WALNUTS is a very large extended detached house of 185m², built sometime before 1900. It was last sold for £575,000 in August 2014, which was around 108% above the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

THE WALNUTS Sold Prices

Land registry data shows two sales for THE WALNUTS 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 WALNUTS 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
2014 8 AUG	£575,000	£276,803	108% above HPI
1998 9 OCT	£157,000	£90,728	73% above HPI

THE WALNUTS 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 WALNUTS sales from October 1998 and August 2014 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 October 1998 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2014 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is THE WALNUTS?

THE WALNUTS is 185m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses in Wickham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Wickham Market, and where THE WALNUTS lies on this distribution: 91% of detached houses are smaller than THE WALNUTS, and 9% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

THE WALNUTS: Plot and Title Map

THE WALNUTS sits on a plot of roughly 0.374 of an acre, or 1,515m². The below map shows the location of THE WALNUTS, 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 WALNUTS). 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 WALNUTS?

THE WALNUTS is located on WALNUTS LANE in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of THE WALNUTS on WALNUTS LANE.