HILL VIEW, SCHOOL LANE, MARTLESHAM, WOODBRIDGE, IP12 4RR - £340,000

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

HILL VIEW is a very small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £340,000 in February 2021, which was around 9% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

HILL VIEW Sold Prices

Land registry data shows two sales for HILL VIEW 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 HILL VIEW 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
2021 12 FEB	£340,000	£373,390	9% below HPI
1996 4 OCT	£57,500	£76,638	25% below HPI

HILL VIEW 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 HILL VIEW sales from October 1996 and February 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 October 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is HILL VIEW?

HILL VIEW is 81m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 HILL VIEW lies on this distribution: 7% of detached houses are smaller than HILL VIEW, and 92% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

HILL VIEW: Plot and Title Map

HILL VIEW sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of HILL VIEW, 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 HILL VIEW). 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 HILL VIEW?

HILL VIEW is located on SCHOOL LANE in MARTLESHAM, in the IP12 postcode district. The below map shows the position of HILL VIEW on SCHOOL LANE.