RUSSETS, PRIVATE ROAD, MARTLESHAM, WOODBRIDGE, IP12 4SG - £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

RUSSETS is a very large extended detached house of 162m², built sometime between 1900 and 1929. It was last sold for £415,000 in August 2010, which was around 62% above the average August 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was C.

RUSSETS Sold Prices

Land registry data shows two sales for RUSSETS 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 RUSSETS 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
2010 19 AUG	£415,000	£256,628	62% above HPI
1999 28 JAN	£115,000	£90,585	27% above HPI

RUSSETS 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 RUSSETS sales from January 1999 and August 2010 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 January 1999 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2010 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is RUSSETS?

RUSSETS is 162m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where RUSSETS lies on this distribution: 81% of detached houses are smaller than RUSSETS, and 19% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.226 of an acre, or 917m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

RUSSETS is located on PRIVATE ROAD in MARTLESHAM, in the IP12 postcode district. The below map shows the position of RUSSETS on PRIVATE ROAD.