1, REDWOLD CLOSE, MARTLESHAM, WOODBRIDGE, IP12 4RL - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 REDWOLD CLOSE is a midsized detached house of 120m², built in 2011, which could now be worth an estimated £600,756. It was last sold for £365,000 in April 2012, which was around 47% above the average April 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

1 REDWOLD CLOSE Sold Prices

Land registry data shows two sales for 1 REDWOLD CLOSE 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 1 REDWOLD CLOSE 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
2012 23 APR	£365,000	£247,884	47% above HPI
2008 2 DEC	£250,000	£233,529	7% above HPI

1 REDWOLD CLOSE 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 1 REDWOLD CLOSE sales from December 2008 and April 2012 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 December 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2012 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 1 REDWOLD CLOSE be worth now?

1 REDWOLD CLOSE might now be worth an estimated £600,756.

This is based on house price inflation of 64.6%, between April 2012 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.6% inflationary increase is applied to the most recent sale price for 1 REDWOLD CLOSE of £365,000 on 23rd April 2012. For the value to have increased from £365,000 to £600,756 over the thirteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 REDWOLD CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2012 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDWOLD CLOSE has not materially changed since April 2012.

How Large is 1 REDWOLD CLOSE?

1 REDWOLD CLOSE is 120m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martlesham, and where 1 REDWOLD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 1 REDWOLD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

1 REDWOLD CLOSE: Plot and Title Map

1 REDWOLD CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 1 REDWOLD CLOSE, 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 1 REDWOLD CLOSE). 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 1 REDWOLD CLOSE?

1 REDWOLD CLOSE is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 1 on REDWOLD CLOSE.