6, RAVENS WAY, MARTLESHAM, WOODBRIDGE, IP12 4SY - £415,000

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

6 RAVENS WAY is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £415,000 in June 2021, which was around 9% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

6 RAVENS WAY Sold Prices

Land registry data shows two sales for 6 RAVENS WAY 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. One of the two 6 RAVENS WAY sales was for above the average price, whilst the other 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
2021 15 JUN	£415,000	£380,524	9% above HPI
2013 21 AUG	£205,000	£263,207	22% below HPI

6 RAVENS WAY 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 6 RAVENS WAY sales from August 2013 and June 2021 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 August 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 6 RAVENS WAY?

6 RAVENS WAY is 79m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where 6 RAVENS WAY lies on this distribution: 5% of detached houses are smaller than 6 RAVENS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

6 RAVENS WAY: Plot and Title Map

6 RAVENS WAY sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 6 RAVENS WAY, 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 6 RAVENS WAY). 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 6 RAVENS WAY?

6 RAVENS WAY is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 6 on RAVENS WAY.