Flat 2, 8 The Paddocks, Martlesham Heath, Ipswich, IP5 3UH is a leasehold flat built between 1950-1966. The property offers approximately 926 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £116,420 , which equates to approximately £126 per square foot. It was last sold on 30 Jun 2022 for £120,215. Since then, the value has decreased by £3,795, representing a 3.2% decrease, or approximately 0.9% per year.

The current estimated value of £116,420 is:

  • 53.3% lower than the average property price on The Paddocks
  • 13.4% lower than the average in the IP5 3UH postcode area
  • and 59.4% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 29 April 2022, the property was recorded as rented.

View sold house prices in IP5 3UH

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
926 sq ft
Tenure
Leasehold
Price (estimate)
£116,420
Price Per sq ft (estimate)
£126
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 2, 8 The Paddocks, Martlesham Heath, Ipswich, East Suffolk, Suffolk, IP5 3UH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Apr 2022.

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 mostly double glazed.

The previous EPC assessment was conducted on 12 Jul 2016, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from single glazed to mostly double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Mostly double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP5 3UH

26 th / 35
Price Rank
13% lower than average
8 th / 34
Size Rank
24% bigger than average
32 nd / 34
Price Per Sq FT Rank
30% lower than average

Compared to other properties in IP5 3UH , this flat's estimated value ranks 26th out of 35. Based on price per square foot, it ranks 32th out of 34 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 8th out of 34 properties in its postcode area.

Sale History

Today
£116,420
streetscan.co.uk estimate
-3 %
30 Jun 2022
£120,215
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 990 sq ft
sale price: £145,000
sale date: 19 May 2023
rooms: 3
size: 990 sq ft
sale price: £145,000
sale date: 19 May 2023
rooms: 3
size: 990 sq ft
sale price: £120,215
sale date: 30 Jun 2022
rooms: 3
size: 1055 sq ft
sale price: £160,000
sale date: 30 Jun 2022
rooms: 3
size: 1055 sq ft
sale price: £130,500
sale date: 22 Dec 2021

Data Sources

The property at Flat 2, 8 The Paddocks, Martlesham Heath, Ipswich, East Suffolk, Suffolk, IP5 3UH appears once in the Land Registry records, with the transaction recorded on 30 Jun 2022. It also has seven Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Apr 2022. 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.