43, PINECROFT WAY, NEEDHAM MARKET, IPSWICH, IP6 8HB - £230,000

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.

43 PINECROFT WAY is a very small extended terraced house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £262,953. It was last sold for £230,000 in October 2020, which was around 17% above the average October 2020 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

43 PINECROFT WAY Sold Prices

Land registry data shows three sales for 43 PINECROFT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three 43 PINECROFT WAY sales were for above the average price, whilst one was 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 23 OCT	£230,000	£196,287	17% above HPI
2018 24 SEP	£228,000	£194,856	17% above HPI
2006 4 APR	£122,000	£130,224	6% below HPI

43 PINECROFT WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 43 PINECROFT WAY sales between April 2006 and October 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 September 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2020 sale, which was also at 17% above the HPI.

What might 43 PINECROFT WAY be worth now?

43 PINECROFT WAY might now be worth an estimated £262,953.

This is based on house price inflation of 14.3%, between October 2020 and June 2025, for terraced houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for 43 PINECROFT WAY of £230,000 on 23rd October 2020. For the value to have increased from £230,000 to £262,953 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 43 PINECROFT WAY has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The October 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 43 PINECROFT WAY has not materially changed since October 2020.

How Large is 43 PINECROFT WAY?

43 PINECROFT WAY is 78m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of terraced houses houses in Needham Market, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Needham Market, and where 43 PINECROFT WAY lies on this distribution: 16% of terraced houses houses are smaller than 43 PINECROFT WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

43 PINECROFT WAY: Plot and Title Map

43 PINECROFT WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 43 PINECROFT 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 43 PINECROFT 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 43 PINECROFT WAY?

43 PINECROFT WAY is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 43 on PINECROFT WAY.