WADES HOUSE, BURY ROAD, WOOLPIT, BURY ST EDMUNDS, IP30 9SB - £240,000

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.

WADES HOUSE is a small detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £419,685. It was last sold for £240,000 in May 2012, which was around 8% below the average May 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

WADES HOUSE Sold Prices

Land registry data shows three sales for WADES HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three WADES HOUSE sales 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
2012 4 MAY	£240,000	£260,668	8% below HPI
2009 1 MAY	£220,000	£225,854	3% below HPI
2004 27 JAN	£210,000	£215,430	3% below HPI

WADES 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 three WADES HOUSE sales between January 2004 and May 2012 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 May 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might WADES HOUSE be worth now?

WADES HOUSE might now be worth an estimated £419,685.

This is based on house price inflation of 74.9%, between May 2012 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 74.9% inflationary increase is applied to the most recent sale price for WADES HOUSE of £240,000 on 4th May 2012. For the value to have increased from £240,000 to £419,685 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of WADES HOUSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of WADES HOUSE has not materially changed since May 2012.

How Large is WADES HOUSE?

WADES HOUSE is 101m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolpit, and where WADES HOUSE lies on this distribution: 27% of detached houses houses are smaller than WADES HOUSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

WADES HOUSE: Plot and Title Map

WADES HOUSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of WADES 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 WADES 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 WADES HOUSE?

WADES HOUSE is located on BURY ROAD in WOOLPIT, in the IP30 postcode district. The below map shows the position of WADES HOUSE on BURY ROAD.