22, SADDLERS PLACE, MARTLESHAM HEATH, IPSWICH, IP5 3SS - £228,000

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

22 SADDLERS PLACE is a small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £228,000 in September 2015, which was around 24% below the average September 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

22 SADDLERS PLACE Sold Prices

Land registry data shows two sales for 22 SADDLERS PLACE 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 22 SADDLERS PLACE 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
2015 25 SEP	£228,000	£301,956	24% below HPI
2003 10 FEB	£174,950	£178,688	2% below HPI

22 SADDLERS PLACE 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 22 SADDLERS PLACE sales from February 2003 and September 2015 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 22 SADDLERS PLACE?

22 SADDLERS PLACE is 80m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 22 SADDLERS PLACE lies on this distribution: 24% of detached houses are smaller than 22 SADDLERS PLACE, and 75% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

22 SADDLERS PLACE: Plot and Title Map

22 SADDLERS PLACE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 22 SADDLERS PLACE, 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 SADDLERS PLACE). 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 SADDLERS PLACE?

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