PROSPECT COTTAGE, THE GREEN, PALGRAVE, DISS, IP22 1AN - £300,000

PROSPECT COTTAGE is a very large extended detached house of 240m², built sometime before 1900. It was last sold for £300,000 in August 2012, which was around 18% above the average August 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

PROSPECT COTTAGE Sold Prices

Land registry data shows three sales for PROSPECT 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 Mid Suffolk local authority area for the corresponding sale date. All of the three PROSPECT 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
2012 9 AUG	£300,000	£253,833	18% above HPI
2007 6 AUG	£345,000	£269,567	28% above HPI
2002 23 AUG	£225,000	£182,793	23% above HPI

PROSPECT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three PROSPECT COTTAGE sales between August 2002 and August 2012 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2012 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is PROSPECT COTTAGE?

PROSPECT COTTAGE is 240m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Palgrave, and where PROSPECT COTTAGE lies on this distribution: 93% of detached houses are smaller than PROSPECT COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

PROSPECT COTTAGE: Plot and Title Map

PROSPECT COTTAGE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of PROSPECT 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 PROSPECT 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 PROSPECT COTTAGE?

PROSPECT COTTAGE is located on THE GREEN in PALGRAVE, in the IP22 postcode district. The below map shows the position of PROSPECT COTTAGE on THE GREEN.