8A, PARKWAY, WICKHAM MARKET, WOODBRIDGE, IP13 0SS - £485,000

8A PARKWAY is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £485,000 in September 2023, which was around 11% above the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

8A PARKWAY Sold Prices

Land registry data shows four sales for 8A PARKWAY 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. All of the four 8A 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
2023 1 SEP	£485,000	£435,690	11% above HPI
2021 22 NOV	£425,000	£402,968	5% above HPI
2004 27 AUG	£260,000	£220,909	18% above HPI
1998 14 AUG	£130,000	£88,631	47% above HPI

8A PARKWAY 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 8A PARKWAY sales between August 1998 and September 2023 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 November 2021 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 8A PARKWAY?

8A PARKWAY is 118m² according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Wickham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Wickham Market, and where 8A PARKWAY lies on this distribution: 50% of detached houses are smaller than 8A PARKWAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Wickham Market.

8A PARKWAY: Plot and Title Map

8A PARKWAY sits on a plot of roughly 0.204 of an acre, or 828m². The below map shows the location of 8A 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 8A 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 8A PARKWAY?

8A PARKWAY is located in WICKHAM MARKET, in the IP13 postcode district. The below map shows the position of No. 8A on PARKWAY.