3, MONARCH WAY, PINEWOOD, IPSWICH, IP8 3TA - £300,000

3 MONARCH WAY is a very small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £300,000 in August 2021, which was around 35% below the average August 2021 detached price in the Babergh local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 MONARCH WAY Sold Prices

Land registry data shows three sales for 3 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 3 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
2021 27 AUG	£300,000	£458,486	35% below HPI
2015 22 APR	£215,000	£326,811	34% below HPI
2000 28 FEB	£101,000	£118,780	15% below HPI

3 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 three 3 MONARCH WAY sales between February 2000 and August 2021 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 April 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 MONARCH WAY?

3 MONARCH WAY is 84m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 3 MONARCH WAY lies on this distribution: 18% of detached houses are smaller than 3 MONARCH WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 MONARCH WAY: Plot and Title Map

3 MONARCH WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 3 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 3 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 3 MONARCH WAY?

3 MONARCH WAY is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 3 on MONARCH WAY.