48, WRIGHTS WAY, WOOLPIT, BURY ST. EDMUNDS, IP30 9TY - £34,500

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.

48 WRIGHTS WAY is a very small flat of 42m², built sometime between 1996 and 2002, which could now be worth an estimated £112,397. It was last sold for £34,500 in April 1999, which was around 20% below the average April 1999 flat price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

48 WRIGHTS WAY Sold Prices

Land registry data shows three sales for 48 WRIGHTS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 48 WRIGHTS WAY 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
1999 29 APR	£34,500	£43,067	20% below HPI
1998 25 APR	£34,500	£37,782	9% below HPI
1996 21 JUN	£30,500	£32,819	7% below HPI

What might 48 WRIGHTS WAY be worth now?

48 WRIGHTS WAY might now be worth an estimated £112,397.

This is based on house price inflation of 225.8%, between April 1999 and May 2026, for flats, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 225.8% inflationary increase is applied to the most recent sale price for 48 WRIGHTS WAY of £34,500 on 29th April 1999. For the value to have increased from £34,500 to £112,397 over the 26 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 48 WRIGHTS WAY has moved in line with the HPI for flats in the Mid Suffolk local authority area.
• The April 1999 sale price of £34,500 represented a fair market value for the property.
• The size, condition, and specification of 48 WRIGHTS WAY has not materially changed since April 1999.

How Large is 48 WRIGHTS WAY?

48 WRIGHTS WAY is 42m² according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of flats in Woolpit, based on EPC data. Less than 1% of flats are smaller than 48 WRIGHTS WAY, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Woolpit.

48 WRIGHTS WAY: Plot

48 WRIGHTS WAY sits on a plot of roughly 0.207 of an acre, or 839m².

Where is 48 WRIGHTS WAY?

48 WRIGHTS WAY is located in WOOLPIT, in the IP30 postcode district.