40, Lancaster Drive, IP5 3TJ
40 Lancaster Drive is a 249 m² / 2,680 sq ft detached home in Martlesham Heath. It sold for £455,000 in August 2016. Indexed forward to today's value, that sale is roughly £561k. Recent local prices imply a broad valuation context of £837k to £1,133k based on its internal area. The Land Registry and EPC data was last updated 2 July 2026.
- Sale history
-
Date Paid price Annual growth After inflation Aug 2016 £455,000 6.4% 4.3% May 1995 £121,500 na na - Internal area
- 249 square metres (2,680 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,827 per square metre (£170 per square foot) in Aug 2016. Indexed forward to today's value, this is roughly £2,253 per square metre (£209 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Aug 2016 £455,000 £1,827 £561,089 £2,253 May 1995 £121,500 £488 £626,629 £2,517 Calculated using the latest EPC internal area of 249 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £561,089. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Martlesham Heath are now selling for between £3,360 and £4,550 per square metre (£312 and £422 per square foot). Based on an internal area of 249 m², this implies a valuation between £837,000 and £1,133,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 3
- Type
- Detached
- Council tax band
- E
- Plot size
- 1,466 square metres (15,780 square feet) - map showing freehold boundary lines
- Summary:
- 19 May 2010 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Owner-occupied
- Property type:
- None , has 7 habitable rooms. Estimated year built 1983 to 1990
- Area:
- 249 sqm (2,680 square foot) total internal area
- Comments:
40 Lancaster Drive is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £561,089.
- Based on an internal area of 249 m² and recent prices in Martlesham Heath, this implies a lower and upper quartile range from £837,000 to £1,133,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.