3, VIKING CLOSE, MARTLESHAM, WOODBRIDGE, IP12 4RU - £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.

3 VIKING CLOSE is a small detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £519,084. It was last sold for £365,000 in April 2015, which was around 27% above the average April 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

3 VIKING CLOSE Sold Prices

Land registry data shows two sales for 3 VIKING 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 3 VIKING 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
2015 30 APR	£365,000	£286,886	27% above HPI
2013 18 OCT	£320,000	£266,690	20% above HPI

3 VIKING 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 3 VIKING CLOSE sales from October 2013 and April 2015 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 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 VIKING CLOSE be worth now?

3 VIKING CLOSE might now be worth an estimated £519,084.

This is based on house price inflation of 42.2%, between April 2015 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 42.2% inflationary increase is applied to the most recent sale price for 3 VIKING CLOSE of £365,000 on 30th April 2015. For the value to have increased from £365,000 to £519,084 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 VIKING CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VIKING CLOSE has not materially changed since April 2015.

How Large is 3 VIKING CLOSE?

3 VIKING CLOSE is 113m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% 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 3 VIKING CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 VIKING CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

3 VIKING CLOSE: Plot and Title Map

3 VIKING CLOSE sits on a plot of roughly 0.326 of an acre, or 1,321m². The below map shows the location of 3 VIKING 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 3 VIKING 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 3 VIKING CLOSE?

3 VIKING CLOSE is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 3 on VIKING CLOSE.