THE COTTAGE, THE GREEN, PALGRAVE, DISS, IP22 1AG - £258,000

THE COTTAGE is a very small detached house of 95m², built sometime before 1900. It was last sold for £258,000 in October 2017, which was around 31% below the average October 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was A.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 THE COTTAGE sales were for below 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
2017 25 OCT	£258,000	£372,013	31% below HPI
2012 27 APR	£215,000	£255,098	16% below HPI
2001 21 JUN	£105,000	£132,183	21% below HPI

THE 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 THE COTTAGE sales between June 2001 and October 2017 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 April 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 95m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Palgrave, and where THE COTTAGE lies on this distribution: 16% of detached houses are smaller than THE COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

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