9, THE GROVE, MARTLESHAM HEATH, IPSWICH, IP5 3UZ - £350,000

9 THE GROVE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £350,000 in September 2022, which was around 20% below the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

9 THE GROVE Sold Prices

Land registry data shows two sales for 9 THE GROVE 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 9 THE GROVE 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
2022 16 SEP	£350,000	£439,401	20% below HPI
2015 24 NOV	£280,000	£302,326	7% below HPI

9 THE GROVE 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 9 THE GROVE sales from November 2015 and September 2022 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 9 THE GROVE?

9 THE GROVE is 71m² according to the EPC inspection conducted in August 2015. 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 9 THE GROVE lies on this distribution: 14% of detached houses are smaller than 9 THE GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

9 THE GROVE: Plot and Title Map

9 THE GROVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 9 THE GROVE, 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 9 THE GROVE). 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 9 THE GROVE?

9 THE GROVE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 9 on THE GROVE.