9, GILES WAY, WITNESHAM, IPSWICH, IP6 9HB - £347,500

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.

9 GILES WAY is a large detached house of 181m², built sometime between 1996 and 2002, which could now be worth an estimated £558,441. It was last sold for £347,500 in August 2013, which was around 32% above the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

9 GILES WAY Sold Prices

Land registry data shows four sales for 9 GILES WAY 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 9 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
2013 6 AUG	£347,500	£263,248	32% above HPI
2003 30 JUN	£320,000	£185,405	73% above HPI
1999 17 SEP	£187,000	£100,872	85% above HPI
1996 20 AUG	£150,000	£73,819	103% above HPI

9 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 four 9 GILES WAY sales between August 1996 and August 2013 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 June 2003 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2013 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 9 GILES WAY be worth now?

9 GILES WAY might now be worth an estimated £558,441.

This is based on house price inflation of 60.7%, between August 2013 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 60.7% inflationary increase is applied to the most recent sale price for 9 GILES WAY of £347,500 on 6th August 2013. For the value to have increased from £347,500 to £558,441 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 9 GILES WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2013 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GILES WAY has not materially changed since August 2013.

How Large is 9 GILES WAY?

9 GILES WAY is 181m² according to the EPC inspection conducted in June 2011. This puts it in the largest 30% 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 9 GILES WAY lies on this distribution: 72% of detached houses houses are smaller than 9 GILES WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

9 GILES WAY: Plot and Title Map

9 GILES WAY sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 9 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 9 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 9 GILES WAY?

9 GILES WAY is located in WITNESHAM, in the IP6 postcode district. The below map shows the position of No. 9 on GILES WAY.