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 MARTINS MEWS is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £249,950 in September 2007, which was around 10% below the average September 2007 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 MARTINS MEWS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The four 2 MARTINS MEWS sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2007 28 SEP | £249,950 | £277,698 | 10% below HPI |
2001 3 AUG | £137,995 | £146,986 | 6% below HPI |
2000 1 FEB | £117,750 | £118,537 | 1% below HPI |
1996 22 NOV | £84,500 | £84,415 | Close to HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four 2 MARTINS MEWS sales between November 1996 and September 2007 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 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2007 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
2 MARTINS MEWS is 130m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Haverhill, based on EPC data. The below chart shows the distribution of detached houses by size in Haverhill, and where 2 MARTINS MEWS lies on this distribution: 76% of detached houses are smaller than 2 MARTINS MEWS, and 24% of houses are larger. Note that EPC data is not available for all properties in Haverhill.
2 MARTINS MEWS sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 MARTINS MEWS, 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 MARTINS MEWS). 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.
2 MARTINS MEWS is located in HAVERHILL, in the CB9 postcode district. The below map shows the position of No. 2 on MARTINS MEWS.