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

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

2 MARTINET GREEN is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £170,000 in July 2019, which was around 49% 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	£335,892	49% below HPI
2011 23 FEB	£122,500	£225,013	46% below HPI
2004 1 JUL	£124,000	£216,681	43% below HPI
2001 20 DEC	£89,000	£144,693	38% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

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 in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 2 MARTINET GREEN lies on this distribution: 2% of detached 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.