8, RAVENS WAY, MARTLESHAM, WOODBRIDGE, IP12 4SY - £310,000

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

8 RAVENS WAY is a small extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £310,000 in June 2018, which was around 12% below the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

8 RAVENS WAY Sold Prices

Land registry data shows two sales for 8 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. Both of the two 8 RAVENS WAY 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
2018 29 JUN	£310,000	£350,472	12% below HPI
2001 28 SEP	£133,500	£139,852	5% below HPI

8 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 8 RAVENS WAY sales from September 2001 and June 2018 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 September 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 RAVENS WAY?

8 RAVENS WAY is 114m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where 8 RAVENS WAY lies on this distribution: 40% of detached houses are smaller than 8 RAVENS WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

8 RAVENS WAY: Plot and Title Map

8 RAVENS WAY sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 8 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 8 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 8 RAVENS WAY?

8 RAVENS WAY is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 8 on RAVENS WAY.