6, GILES WAY, WITNESHAM, IPSWICH, IP6 9HB - £850,000

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.

6 GILES WAY is a very large extended detached house of 234m², built sometime between 1991 and 1995, which could now be worth an estimated £842,974. It was last sold for £850,000 in June 2022, which was around 99% above the average June 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

6 GILES WAY Sold Prices

Land registry data shows three sales for 6 GILES 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 East Suffolk local authority area for the corresponding sale date. All of the three 6 GILES WAY 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
2022 10 JUN	£850,000	£426,572	99% above HPI
2020 1 MAY	£700,000	£348,918	101% above HPI
1996 28 JUN	£155,000	£73,919	110% above HPI

6 GILES WAY 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 three 6 GILES WAY sales between June 1996 and June 2022 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 May 2020 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the June 2022 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 6 GILES WAY be worth now?

6 GILES WAY might now be worth an estimated £842,974.

This is based on house price deflation of 0.8%, between June 2022 and February 2025, for detached 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 0.8% deflationary decrease is applied to the most recent sale price for 6 GILES WAY of £850,000 on 10th June 2022. For the value to have decreased from £850,000 to £842,974 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 6 GILES WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2022 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 6 GILES WAY has not materially changed since June 2022.

How Large is 6 GILES WAY?

6 GILES WAY is 234m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Witnesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witnesham, and where 6 GILES WAY lies on this distribution: 90% of detached houses houses are smaller than 6 GILES WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

6 GILES WAY: Plot and Title Map

6 GILES WAY sits on a plot of roughly 0.317 of an acre, or 1,283m². The below map shows the location of 6 GILES 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 6 GILES 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 6 GILES WAY?

6 GILES WAY is located in WITNESHAM, in the IP6 postcode district. The below map shows the position of No. 6 on GILES WAY.