2, MARTINET GREEN, IPSWICH, IP3 9TE - £170,000

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.

2 MARTINET GREEN is a very small detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £197,769. It was last sold for £170,000 in July 2019, which was around 50% below the average July 2019 detached price in the Ipswich local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 MARTINET GREEN Sold Prices

Land registry data shows four sales for 2 MARTINET GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 2 MARTINET GREEN 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 31 JUL	£170,000	£341,984	50% below HPI
2011 23 FEB	£122,500	£229,094	47% below HPI
2004 1 JUL	£124,000	£220,611	44% below HPI
2001 20 DEC	£89,000	£147,317	40% below HPI

2 MARTINET GREEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 2 MARTINET GREEN sales between December 2001 and July 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 February 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 2 MARTINET GREEN be worth now?

2 MARTINET GREEN might now be worth an estimated £197,769.

This is based on house price inflation of 16.3%, between July 2019 and February 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 2 MARTINET GREEN of £170,000 on 31st July 2019. For the value to have increased from £170,000 to £197,769 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 2 MARTINET GREEN has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The July 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARTINET GREEN has not materially changed since July 2019.

How Large is 2 MARTINET GREEN?

2 MARTINET GREEN is 58m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 2 MARTINET GREEN lies on this distribution: 2% of detached houses houses are smaller than 2 MARTINET GREEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 MARTINET GREEN: Plot and Title Map

2 MARTINET GREEN sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 2 MARTINET GREEN, 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 2 MARTINET GREEN). 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 2 MARTINET GREEN?

2 MARTINET GREEN is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 2 on MARTINET GREEN.