4, ELM CLOSE, MARTLESHAM, WOODBRIDGE, IP12 4UQ - £402,000

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

4 ELM CLOSE is a midsized detached house of 116m². It was last sold for £402,000 in September 2020, which was around 10% above the average September 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

4 ELM CLOSE Sold Prices

Land registry data shows two sales for 4 ELM 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 4 ELM 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
2020 11 SEP	£402,000	£366,905	10% above HPI
2016 29 APR	£364,995	£308,034	18% above HPI

4 ELM 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 4 ELM CLOSE sales from April 2016 and September 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 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 ELM CLOSE?

4 ELM CLOSE is 116m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where 4 ELM CLOSE lies on this distribution: 43% of detached houses are smaller than 4 ELM CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

4 ELM CLOSE: Plot and Title Map

4 ELM CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 ELM 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 4 ELM 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 4 ELM CLOSE?

4 ELM CLOSE is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 4 on ELM CLOSE.