21, SQUIRES LANE, MARTLESHAM HEATH, IPSWICH, IP5 3UG - £190,000

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

21 SQUIRES LANE is a large detached house of 119m², built sometime between 1983 and 1990. It was last sold for £190,000 in May 2003, which was around 3% above the average May 2003 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2024, where the current energy rating was B, and the potential energy rating was B.

21 SQUIRES LANE Sold Prices

Land registry data shows two sales for 21 SQUIRES LANE 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 21 SQUIRES LANE 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
2003 16 MAY	£190,000	£184,148	3% above HPI
1998 6 MAR	£92,000	£83,317	10% above HPI

21 SQUIRES LANE 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 21 SQUIRES LANE sales from March 1998 and May 2003 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 March 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2003 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 21 SQUIRES LANE?

21 SQUIRES LANE is 119m² according to the EPC inspection conducted in September 2024. This puts it in the largest 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 21 SQUIRES LANE lies on this distribution: 68% of detached houses are smaller than 21 SQUIRES LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

21 SQUIRES LANE: Plot and Title Map

21 SQUIRES LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 21 SQUIRES LANE, 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 21 SQUIRES LANE). 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 21 SQUIRES LANE?

21 SQUIRES LANE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 21 on SQUIRES LANE.