55, WESTLAND, MARTLESHAM HEATH, IPSWICH, IP5 3SU - £595,000

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

55 WESTLAND is a very large extended detached house of 139m², built sometime between 1976 and 1982. It was last sold for £595,000 in May 2024, which was around 41% above the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

55 WESTLAND Sold Prices

Land registry data shows two sales for 55 WESTLAND 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 55 WESTLAND 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
2024 29 MAY	£595,000	£420,877	41% above HPI
2001 15 MAR	£179,995	£125,631	43% above HPI

55 WESTLAND 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 55 WESTLAND sales from March 2001 and May 2024 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 2001 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2024 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 55 WESTLAND?

55 WESTLAND is 139m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% 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 55 WESTLAND lies on this distribution: 82% of detached houses are smaller than 55 WESTLAND, and 17% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

55 WESTLAND: Plot and Title Map

55 WESTLAND sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 55 WESTLAND, 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 55 WESTLAND). 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 55 WESTLAND?

55 WESTLAND is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 55 on WESTLAND.