5, PRENTICES LANE, WOODBRIDGE, IP12 4LF - £310,000

5 PRENTICES LANE is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £310,000 in August 2014, which was around 12% above the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

5 PRENTICES LANE Sold Prices

Land registry data shows four sales for 5 PRENTICES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 5 PRENTICES LANE 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
2014 29 AUG	£310,000	£276,803	12% above HPI
2000 20 OCT	£88,000	£117,564	25% below HPI
1998 4 DEC	£68,750	£91,061	25% below HPI
1996 24 JUN	£45,500	£73,908	38% below HPI

5 PRENTICES LANE 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 four 5 PRENTICES LANE sales between June 1996 and August 2014 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 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 5 PRENTICES LANE?

5 PRENTICES LANE is 146m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 5 PRENTICES LANE lies on this distribution: 63% of detached houses are smaller than 5 PRENTICES LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

5 PRENTICES LANE: Plot and Title Map

5 PRENTICES LANE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 5 PRENTICES LANE, 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 PRENTICES LANE). 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 PRENTICES LANE?

5 PRENTICES LANE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 5 on PRENTICES LANE.