38, SADDLERS PLACE, MARTLESHAM HEATH, IPSWICH, IP5 3SS - £270,000

38 SADDLERS PLACE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £270,000 in January 2019, which was around 24% below the average January 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

38 SADDLERS PLACE Sold Prices

Land registry data shows three sales for 38 SADDLERS PLACE 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. All of the three 38 SADDLERS PLACE 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
2019 18 JAN	£270,000	£356,746	24% below HPI
2012 20 NOV	£220,000	£250,298	12% below HPI
2002 2 DEC	£130,000	£175,252	26% below HPI

38 SADDLERS PLACE 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 38 SADDLERS PLACE sales between December 2002 and January 2019 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 November 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 38 SADDLERS PLACE?

38 SADDLERS PLACE is 71m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 38 SADDLERS PLACE lies on this distribution: 14% of detached houses are smaller than 38 SADDLERS PLACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

38 SADDLERS PLACE: Plot and Title Map

38 SADDLERS PLACE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 38 SADDLERS PLACE, 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 38 SADDLERS PLACE). 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 38 SADDLERS PLACE?

38 SADDLERS PLACE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 38 on SADDLERS PLACE.