GRINDLE COTTAGE, PINMILL, IPSWICH, IP9 1JS - £560,000

GRINDLE COTTAGE is a large extended detached house of 132m², built sometime before 1900. It was last sold for £560,000 in May 2020, which was around 34% above the average May 2020 detached price in the Babergh local authority area. The most recent EPC inspection was August 2019, where the current energy rating was F, and the potential energy rating was C.

GRINDLE COTTAGE Sold Prices

Land registry data shows three sales for GRINDLE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three GRINDLE COTTAGE sales were for above 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
2020 29 MAY	£560,000	£418,025	34% above HPI
2006 4 AUG	£435,000	£261,344	66% above HPI
2001 27 JUL	£230,000	£151,815	51% above HPI

GRINDLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three GRINDLE COTTAGE sales between July 2001 and May 2020 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 August 2006 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is GRINDLE COTTAGE?

GRINDLE COTTAGE is 132m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmondiston, and where GRINDLE COTTAGE lies on this distribution: 60% of detached houses are smaller than GRINDLE COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

GRINDLE COTTAGE: Plot and Title Map

GRINDLE COTTAGE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of GRINDLE COTTAGE, 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 GRINDLE COTTAGE). 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 GRINDLE COTTAGE?

GRINDLE COTTAGE is located in PINMILL, in the IP9 postcode district. The below map shows the position of GRINDLE COTTAGE in PINMILL.