24, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £201,000

24 PARKWAY is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £201,000 in July 2015, which was around 32% below the average July 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

24 PARKWAY Sold Prices

Land registry data shows three sales for 24 PARKWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 24 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
2015 3 JUL	£201,000	£296,792	32% below HPI
2015 26 JUN	£185,000	£296,524	38% below HPI
2013 8 NOV	£187,000	£261,530	28% below HPI

24 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 three 24 PARKWAY sales between November 2013 and July 2015 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 24 PARKWAY?

24 PARKWAY is 102m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% 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 24 PARKWAY lies on this distribution: 37% of detached houses are smaller than 24 PARKWAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

24 PARKWAY: Plot and Title Map

24 PARKWAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 24 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 24 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 24 PARKWAY?

24 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 24 on PARKWAY.