5, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £190,000

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.

5 PARKWAY is a small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £277,516. It was last sold for £190,000 in September 2015, which was around 30% above the average September 2015 terraced price in the East Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

5 PARKWAY Sold Prices

Land registry data shows two sales for 5 PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 5 PARKWAY sales were for above 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 30 SEP	£190,000	£145,648	30% above HPI
1998 28 SEP	£57,000	£40,445	41% above HPI

5 PARKWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 5 PARKWAY sales from September 1998 and September 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 September 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 5 PARKWAY be worth now?

5 PARKWAY might now be worth an estimated £277,516.

This is based on house price inflation of 46.1%, between September 2015 and July 2025, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.1% inflationary increase is applied to the most recent sale price for 5 PARKWAY of £190,000 on 30th September 2015. For the value to have increased from £190,000 to £277,516 over the ten years and two months to July 2025, the following assumptions must hold true:

• The value of 5 PARKWAY has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The September 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKWAY has not materially changed since September 2015.

How Large is 5 PARKWAY?

5 PARKWAY is 90m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of terraced houses houses in Wickham Market, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wickham Market, and where 5 PARKWAY lies on this distribution: 24% of terraced houses houses are smaller than 5 PARKWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

5 PARKWAY: Plot and Title Map

5 PARKWAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 5 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 5 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 5 PARKWAY?

5 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 5 on PARKWAY.