17, FARRIERS CLOSE, MARTLESHAM HEATH, IPSWICH, IP5 3SN - £310,000

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

17 FARRIERS CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £310,000 in March 2021, which was around 17% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

17 FARRIERS CLOSE Sold Prices

Land registry data shows four sales for 17 FARRIERS CLOSE 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 17 FARRIERS CLOSE 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
2021 22 MAR	£310,000	£371,419	17% below HPI
2011 12 AUG	£225,000	£251,903	11% below HPI
1998 27 NOV	£81,000	£91,707	12% below HPI
1995 24 FEB	£72,000	£76,074	5% below HPI

17 FARRIERS CLOSE 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 17 FARRIERS CLOSE sales between February 1995 and March 2021 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 August 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 17 FARRIERS CLOSE?

17 FARRIERS CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 17 FARRIERS CLOSE lies on this distribution: 38% of detached houses are smaller than 17 FARRIERS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

17 FARRIERS CLOSE: Plot and Title Map

17 FARRIERS CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 17 FARRIERS CLOSE, 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 17 FARRIERS CLOSE). 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 17 FARRIERS CLOSE?

17 FARRIERS CLOSE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 17 on FARRIERS CLOSE.