22, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £265,000

22 PARKWAY is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £265,000 in December 2020, which was around 30% below the average December 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

22 PARKWAY Sold Prices

Land registry data shows five sales for 22 PARKWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 22 PARKWAY 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
2020 4 DEC	£265,000	£380,784	30% below HPI
2012 8 JUN	£180,000	£253,117	29% below HPI
2005 4 NOV	£144,774	£226,655	36% below HPI
1999 18 NOV	£6,000	£100,119	94% below HPI
1995 5 MAY	£50,000	£75,650	34% below HPI

22 PARKWAY 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 five 22 PARKWAY sales between May 1995 and December 2020 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 June 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 22 PARKWAY?

22 PARKWAY is 87m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 22 PARKWAY lies on this distribution: 23% of detached houses are smaller than 22 PARKWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

22 PARKWAY: Plot and Title Map

22 PARKWAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 22 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 22 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 22 PARKWAY?

22 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 22 on PARKWAY.