22, FARRIERS CLOSE, MARTLESHAM HEATH, IPSWICH, IP5 3SW - £167,500

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.

22 FARRIERS CLOSE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £289,487. It was last sold for £167,500 in June 2010, which was around 4% above the average June 2010 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

22 FARRIERS CLOSE Sold Prices

Land registry data shows three sales for 22 FARRIERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 22 FARRIERS CLOSE sales were for above the average price, whilst one was 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
2010 11 JUN	£167,500	£161,461	4% above HPI
2009 12 NOV	£150,000	£154,727	3% below HPI
1999 12 NOV	£74,000	£60,849	22% above HPI

22 FARRIERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 22 FARRIERS CLOSE sales between November 1999 and June 2010 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 November 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2010 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 22 FARRIERS CLOSE be worth now?

22 FARRIERS CLOSE might now be worth an estimated £289,487.

This is based on house price inflation of 72.8%, between June 2010 and February 2025, for semi-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 72.8% inflationary increase is applied to the most recent sale price for 22 FARRIERS CLOSE of £167,500 on 11th June 2010. For the value to have increased from £167,500 to £289,487 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 22 FARRIERS CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 2010 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 22 FARRIERS CLOSE has not materially changed since June 2010.

How Large is 22 FARRIERS CLOSE?

22 FARRIERS CLOSE is 72m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of semi-detached houses houses in Martlesham Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Martlesham Heath, and where 22 FARRIERS CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 22 FARRIERS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

22 FARRIERS CLOSE: Plot and Title Map

22 FARRIERS CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 22 FARRIERS 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 22 FARRIERS 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 22 FARRIERS CLOSE?

22 FARRIERS CLOSE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 22 on FARRIERS CLOSE.