16, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £181,000

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.

16 PARKWAY is a small extended terraced house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £298,994. It was last sold for £181,000 in April 2014, which was around 41% above the average April 2014 terraced price in the East Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

16 PARKWAY Sold Prices

Land registry data shows two sales for 16 PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 PARKWAY 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 4 APR	£181,000	£128,782	41% above HPI
2006 1 SEP	£165,000	£120,150	37% above HPI

16 PARKWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 16 PARKWAY sales from September 2006 and April 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 September 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 16 PARKWAY be worth now?

16 PARKWAY might now be worth an estimated £298,994.

This is based on house price inflation of 65.2%, between April 2014 and July 2025, for terraced 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 65.2% inflationary increase is applied to the most recent sale price for 16 PARKWAY of £181,000 on 4th April 2014. For the value to have increased from £181,000 to £298,994 over the ten years and nine months to July 2025, the following assumptions must hold true:

• The value of 16 PARKWAY has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The April 2014 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARKWAY has not materially changed since April 2014.

How Large is 16 PARKWAY?

16 PARKWAY is 90m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of terraced houses houses in Wickham Market, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wickham Market, and where 16 PARKWAY lies on this distribution: 24% of terraced houses houses are smaller than 16 PARKWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

16 PARKWAY: Plot and Title Map

16 PARKWAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 16 PARKWAY, 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 16 PARKWAY). 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 16 PARKWAY?

16 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 16 on PARKWAY.