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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

WADES HOUSE is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £240,000 in May 2012, which was around 6% 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. The three WADES HOUSE sales were a mix of below the average price, and roughly equal to 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	£254,669	6% below HPI
2009 1 MAY	£220,000	£220,655	Close to HPI
2004 27 JAN	£210,000	£210,472	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

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 in Woolpit, based on EPC data. The below chart shows the distribution of detached houses by size in Woolpit, and where WADES HOUSE lies on this distribution: 27% of detached 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.