62, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £208,500

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.

62 PARKWAY is a very small extended terraced house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £259,805. It was last sold for £208,500 in June 2019, which was around 22% above the average June 2019 terraced price in the East Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

62 PARKWAY Sold Prices

Land registry data shows three sales for 62 PARKWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 62 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
2019 27 JUN	£208,500	£170,725	22% above HPI
2018 9 FEB	£165,000	£163,094	1% above HPI
1997 25 JUN	£54,000	£36,711	47% above HPI

62 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 three 62 PARKWAY sales between June 1997 and June 2019 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 February 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 62 PARKWAY be worth now?

62 PARKWAY might now be worth an estimated £259,805.

This is based on house price inflation of 24.6%, between June 2019 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 24.6% inflationary increase is applied to the most recent sale price for 62 PARKWAY of £208,500 on 27th June 2019. For the value to have increased from £208,500 to £259,805 over the five years and eleven months to July 2025, the following assumptions must hold true:

• The value of 62 PARKWAY has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The June 2019 sale price of £208,500 represented a fair market value for the property.
• The size, condition, and specification of 62 PARKWAY has not materially changed since June 2019.

How Large is 62 PARKWAY?

62 PARKWAY is 85m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 62 PARKWAY lies on this distribution: 20% of terraced houses houses are smaller than 62 PARKWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

62 PARKWAY: Plot and Title Map

62 PARKWAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 62 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 62 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 62 PARKWAY?

62 PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 62 on PARKWAY.