7, PARK CLOSE, MARTLESHAM HEATH, IPSWICH, IP5 3UJ - £287,000

7 PARK CLOSE is a large detached house of 127m², built sometime between 1976 and 1982. It was last sold for £287,000 in April 2013, which was around 16% above the average April 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

7 PARK CLOSE Sold Prices

Land registry data shows two sales for 7 PARK 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 7 PARK 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
2013 25 APR	£287,000	£248,438	16% above HPI
2006 6 OCT	£270,000	£237,560	14% above HPI

7 PARK 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 7 PARK CLOSE sales from October 2006 and April 2013 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 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2013 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 7 PARK CLOSE?

7 PARK CLOSE is 127m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% 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 7 PARK CLOSE lies on this distribution: 71% of detached houses are smaller than 7 PARK CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

7 PARK CLOSE: Plot and Title Map

7 PARK CLOSE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK CLOSE?

7 PARK CLOSE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 7 on PARK CLOSE.