1, THE CHASE, MARTLESHAM HEATH, IPSWICH, IP5 3QT - £365,000

1 THE CHASE is a large detached house of 120m², built sometime between 1983 and 1990. It was last sold for £365,000 in March 2021, which was around 2% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

1 THE CHASE Sold Prices

Land registry data shows three sales for 1 THE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 1 THE CHASE sales were for below the average price, whilst one was 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
2021 29 MAR	£365,000	£371,419	2% below HPI
2006 5 SEP	£240,000	£237,036	1% above HPI
2003 29 APR	£134,000	£185,103	28% below HPI

1 THE CHASE 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 three 1 THE CHASE sales between April 2003 and March 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 September 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 THE CHASE?

1 THE CHASE is 120m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Martlesham Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham Heath, and where 1 THE CHASE lies on this distribution: 68% of detached houses are smaller than 1 THE CHASE, and 32% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

1 THE CHASE: Plot and Title Map

1 THE CHASE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 1 THE CHASE, 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 THE CHASE). 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 THE CHASE?

1 THE CHASE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 1 on THE CHASE.