2, VIKING CLOSE, MARTLESHAM, WOODBRIDGE, IP12 4RU - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VIKING CLOSE is a small extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £464,327. It was last sold for £475,000 in March 2024, which was around 12% above the average March 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

2 VIKING CLOSE Sold Prices

Land registry data shows two sales for 2 VIKING CLOSE 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 2 VIKING CLOSE sales were for above 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
2024 22 MAR	£475,000	£422,378	12% above HPI
2010 23 AUG	£329,950	£256,668	29% above HPI

2 VIKING 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 two 2 VIKING CLOSE sales from August 2010 and March 2024 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 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 2 VIKING CLOSE be worth now?

2 VIKING CLOSE might now be worth an estimated £464,327.

This is based on house price deflation of 2.2%, between March 2024 and December 2024, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% deflationary decrease is applied to the most recent sale price for 2 VIKING CLOSE of £475,000 on 22nd March 2024. For the value to have decreased from £475,000 to £464,327 over the three months to December 2024, the following assumptions must hold true:

• The value of 2 VIKING CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VIKING CLOSE has not materially changed since March 2024.

How Large is 2 VIKING CLOSE?

2 VIKING CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martlesham, and where 2 VIKING CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 VIKING CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

2 VIKING CLOSE: Plot and Title Map

2 VIKING CLOSE sits on a plot of roughly 0.430 of an acre, or 1,740m². The below map shows the location of 2 VIKING 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 2 VIKING 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 2 VIKING CLOSE?

2 VIKING CLOSE is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 2 on VIKING CLOSE.