63 Lark Rise, Martlesham Heath, Ipswich, IP5 3SA is a leasehold flat built between 1976-1982. The property offers approximately 463 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 £135,693 , which equates to approximately £293 per square foot. It was last sold on 11 Nov 2016 for £118,000. Since then, the value has increased by £17,693, representing a 15.0% increase, or approximately 1.7% per year.

The current estimated value of £135,693 is:

  • 45.1% lower than the average property price on Lark Rise
  • 43.8% lower than the average in the IP5 3SA postcode area
  • and 52.6% 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 22 March 2016, 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
463 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£135,693
Price Per sq ft (estimate)
£293
Bedroom Count (estimate)
1 bedroom

EPC Summary

63 Lark Rise, Martlesham Heath, Ipswich, Suffolk Coastal, Suffolk, IP5 3SA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Mar 2016.

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 5 Jul 2013. The rating of C remains the same, but the energy efficiency score improved by 7.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 83% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to IP5 3SA

18 th / 18
Price Rank
44% lower than average
15 th / 16
Size Rank
42% smaller than average
11 th / 16
Price Per Sq FT Rank
3% lower than average

Compared to other properties in IP5 3SA , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 11th 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 15th out of 16 properties in its postcode area.

Sale History

Today
£135,693
streetscan.co.uk estimate
+15 %
11 Nov 2016
£118,000
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: 484 sq ft
sale price: £120,000
sale date: 29 Sep 2023
rooms: 2
size: 495 sq ft
sale price: £145,000
sale date: 9 Apr 2021
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 63 Lark Rise, Martlesham Heath, Ipswich, Suffolk Coastal, Suffolk, IP5 3SA appears once in the Land Registry records, with the transaction recorded on 11 Nov 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Mar 2016. 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.


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