38, BLACK TILES LANE, MARTLESHAM, WOODBRIDGE, IP12 4SS - £450,000

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

38 BLACK TILES LANE is a very large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £450,000 in July 2020, which was around 26% above the average July 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

38 BLACK TILES LANE Sold Prices

Land registry data shows three sales for 38 BLACK TILES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 38 BLACK TILES LANE 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
2020 22 JUL	£450,000	£357,411	26% above HPI
2007 23 APR	£339,950	£245,221	39% above HPI
2005 10 MAR	£192,000	£224,733	15% below HPI

38 BLACK TILES 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 three 38 BLACK TILES LANE sales between March 2005 and July 2020 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 April 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 38 BLACK TILES LANE?

38 BLACK TILES LANE is 165m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where 38 BLACK TILES LANE lies on this distribution: 82% of detached houses are smaller than 38 BLACK TILES LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

38 BLACK TILES LANE: Plot and Title Map

38 BLACK TILES LANE sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of 38 BLACK TILES 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 38 BLACK TILES 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 38 BLACK TILES LANE?

38 BLACK TILES LANE is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 38 on BLACK TILES LANE.