10, SQUIRES LANE, MARTLESHAM HEATH, IPSWICH, IP5 3UG - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 SQUIRES LANE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £340,000 in September 2019, which was around 3% below the average September 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

10 SQUIRES LANE Sold Prices

Land registry data shows two sales for 10 SQUIRES LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 10 SQUIRES LANE 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
2019 13 SEP	£340,000	£349,412	3% below HPI
2014 1 JUL	£229,995	£274,314	16% below HPI

10 SQUIRES LANE 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 two 10 SQUIRES LANE sales from July 2014 and September 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 July 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 10 SQUIRES LANE?

10 SQUIRES LANE is 64m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Martlesham Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham Heath, and where 10 SQUIRES LANE lies on this distribution: 7% of detached houses are smaller than 10 SQUIRES LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

10 SQUIRES LANE: Plot and Title Map

10 SQUIRES LANE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 10 SQUIRES LANE, 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 10 SQUIRES LANE). 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 10 SQUIRES LANE?

10 SQUIRES LANE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 10 on SQUIRES LANE.