HILL COTTAGE, MEETING LANE, GRUNDISBURGH, WOODBRIDGE, IP13 6TT - £450,000

HILL COTTAGE is a very large extended detached house of 199m², built sometime before 1900. It was last sold for £450,000 in December 2015, which was around 49% above the average December 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

HILL COTTAGE Sold Prices

Land registry data shows three sales for HILL 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 East Suffolk local authority area for the corresponding sale date. All of the three HILL 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
2015 23 DEC	£450,000	£302,738	49% above HPI
2003 24 SEP	£355,000	£194,583	82% above HPI
2001 10 APR	£249,999	£128,622	94% above HPI

HILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three HILL COTTAGE sales between April 2001 and December 2015 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 September 2003 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the December 2015 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is HILL COTTAGE?

HILL COTTAGE is 199m², which includes four extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Grundisburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Grundisburgh, and where HILL COTTAGE lies on this distribution: 87% of detached houses are smaller than HILL COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grundisburgh.

HILL COTTAGE: Plot and Title Map

HILL COTTAGE sits on a plot of roughly 0.319 of an acre, or 1,289m². The below map shows the location of HILL 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 HILL 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 HILL COTTAGE?

HILL COTTAGE is located on MEETING LANE in GRUNDISBURGH, in the IP13 postcode district. The below map shows the position of HILL COTTAGE on MEETING LANE.