THE WHEELWRIGHTS, ORFORD ROAD, TUNSTALL, WOODBRIDGE, IP12 2JA - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE WHEELWRIGHTS is a midsized detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £468,462. It was last sold for £375,000 in August 2017, which was around 11% above the average August 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

THE WHEELWRIGHTS Sold Prices

Land registry data shows four sales for THE WHEELWRIGHTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. two of the four THE WHEELWRIGHTS sales were for above the average price, and four were 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
2017 21 AUG	£375,000	£338,645	11% above HPI
2006 24 OCT	£250,000	£237,597	5% above HPI
1999 22 JAN	£89,000	£90,599	2% below HPI
1996 1 JUL	£50,000	£73,450	32% below HPI

THE WHEELWRIGHTS 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 four THE WHEELWRIGHTS sales between July 1996 and August 2017 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might THE WHEELWRIGHTS be worth now?

THE WHEELWRIGHTS might now be worth an estimated £468,462.

This is based on house price inflation of 24.9%, between August 2017 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 24.9% inflationary increase is applied to the most recent sale price for THE WHEELWRIGHTS of £375,000 on 21st August 2017. For the value to have increased from £375,000 to £468,462 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of THE WHEELWRIGHTS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of THE WHEELWRIGHTS has not materially changed since August 2017.

How Large is THE WHEELWRIGHTS?

THE WHEELWRIGHTS is 109m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses houses in Tunstall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tunstall, and where THE WHEELWRIGHTS lies on this distribution: 43% of detached houses houses are smaller than THE WHEELWRIGHTS, and 55% of houses are larger. Note that EPC data is not available for all properties in Tunstall.

THE WHEELWRIGHTS: Plot and Title Map

THE WHEELWRIGHTS sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of THE WHEELWRIGHTS, 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 WHEELWRIGHTS). 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 WHEELWRIGHTS?

THE WHEELWRIGHTS is located on ORFORD ROAD in TUNSTALL, in the IP12 postcode district. The below map shows the position of THE WHEELWRIGHTS on ORFORD ROAD.