61 Lark Rise, Martlesham Heath, Ipswich, IP5 3SA is a leasehold flat built between 1976-1982. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,528 , which equates to approximately £243 per square foot. It was last sold on 29 Sep 2023 for £120,000. Since then, the value has decreased by £2,472, representing a 2.1% decrease, or approximately 0.9% per year.

The current estimated value of £117,528 is:

  • 52.5% lower than the average property price on Lark Rise
  • 51.4% lower than the average in the IP5 3SA postcode area
  • and 59.0% lower than the average price for Ipswich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 March 2023, the property was recorded as owner-occupied.

View sold house prices in IP5 3SA

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£117,528
Price Per sq ft (estimate)
£243
Bedroom Count (estimate)
1 bedroom

EPC Summary

61 Lark Rise, Martlesham Heath, Ipswich, East Suffolk, Suffolk, IP5 3SA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Mar 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Jul 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from average to poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to IP5 3SA

17 th / 18
Price Rank
51% lower than average
14 th / 16
Size Rank
39% smaller than average
13 th / 16
Price Per Sq FT Rank
20% lower than average

Compared to other properties in IP5 3SA , this flat's estimated value ranks 17th out of 18. Based on price per square foot, it ranks 13th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 16 properties in its postcode area.

Sale History

Today
£117,528
streetscan.co.uk estimate
-2 %
29 Sep 2023
£120,000
Leasehold
+252.9 %
2 Oct 1998
£34,000
Leasehold
+16.2 %
24 Jul 1996
£29,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £155,000
sale date: 27 Oct 2023
rooms: 2
size: 495 sq ft
sale price: £145,000
sale date: 9 Apr 2021
rooms: 3
size: 463 sq ft
sale price: £118,000
sale date: 11 Nov 2016
rooms: 2
size: 495 sq ft
sale price: £99,500
sale date: 23 May 2006
rooms: 3
size: 495 sq ft
sale price: £123,000
sale date: 29 Apr 2024

Data Sources

The property at 61 Lark Rise, Martlesham Heath, Ipswich, IP5 3SA appears three times in the Land Registry records, with the latest transaction recorded on 29 Sep 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.