MAREE, MAIN ROAD, MARTLESHAM, WOODBRIDGE, IP12 4SW - £355,000

MAREE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £355,000 in August 2017, which was around 5% above the average August 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

MAREE Sold Prices

Land registry data shows two sales for MAREE 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. One of the two MAREE sales was for above the average price, whilst the other was 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
2017 21 AUG	£355,000	£338,592	5% above HPI
2001 5 JAN	£111,000	£124,330	11% below HPI

MAREE 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 MAREE sales from January 2001 and August 2017 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 January 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is MAREE?

MAREE is 72m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where MAREE lies on this distribution: 2% of detached houses are smaller than MAREE, and 98% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

MAREE: Plot and Title Map

MAREE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of MAREE, 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 MAREE). 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 MAREE?

MAREE is located on MAIN ROAD in MARTLESHAM, in the IP12 postcode district. The below map shows the position of MAREE on MAIN ROAD.