27, MONARCH WAY, PINEWOOD, IPSWICH, IP8 3TA - £204,000

27 MONARCH WAY is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £204,000 in December 2013, which was around 29% below the average December 2013 detached price in the Babergh local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

27 MONARCH WAY Sold Prices

Land registry data shows four sales for 27 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 27 MONARCH WAY 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
2013 12 DEC	£204,000	£287,789	29% below HPI
2010 27 OCT	£195,000	£275,480	29% below HPI
2001 31 MAY	£112,000	£145,417	23% below HPI
1999 30 SEP	£90,500	£113,462	20% below HPI

27 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 27 MONARCH WAY sales between September 1999 and December 2013 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 October 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2013 sale, which was also at 29% below the HPI.

How Large is 27 MONARCH WAY?

27 MONARCH WAY is 86m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 27 MONARCH WAY lies on this distribution: 20% of detached houses are smaller than 27 MONARCH WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

27 MONARCH WAY: Plot and Title Map

27 MONARCH WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 27 MONARCH WAY, 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 27 MONARCH WAY). 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 27 MONARCH WAY?

27 MONARCH WAY is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 27 on MONARCH WAY.