1, PEARTREE COTTAGES, STATION ROAD, MELTON, WOODBRIDGE, IP12 1PY - £286,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PEARTREE COTTAGES is a very small extended semi-detached house of 71m², built sometime before 1900, which could now be worth an estimated £332,027. It was last sold for £286,000 in February 2021, which was around 19% above the average February 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

1 PEARTREE COTTAGES Sold Prices

Land registry data shows three sales for 1 PEARTREE COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 1 PEARTREE COTTAGES 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
2021 22 FEB	£286,000	£240,367	19% above HPI
2015 10 DEC	£230,000	£191,714	20% above HPI
2013 8 APR	£180,000	£158,423	14% above HPI

1 PEARTREE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 1 PEARTREE COTTAGES sales between April 2013 and February 2021 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 December 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 PEARTREE COTTAGES be worth now?

1 PEARTREE COTTAGES might now be worth an estimated £332,027.

This is based on house price inflation of 16.1%, between February 2021 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 1 PEARTREE COTTAGES of £286,000 on 22nd February 2021. For the value to have increased from £286,000 to £332,027 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 PEARTREE COTTAGES has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2021 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEARTREE COTTAGES has not materially changed since February 2021.

How Large is 1 PEARTREE COTTAGES?

1 PEARTREE COTTAGES is 71m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of semi-detached houses houses in Melton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton, and where 1 PEARTREE COTTAGES lies on this distribution: 11% of semi-detached houses houses are smaller than 1 PEARTREE COTTAGES, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton.

1 PEARTREE COTTAGES: Plot and Title Map

1 PEARTREE COTTAGES sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 PEARTREE COTTAGES, 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 1 PEARTREE COTTAGES). 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 1 PEARTREE COTTAGES?

1 PEARTREE COTTAGES is located on STATION ROAD in MELTON, in the IP12 postcode district. The below map shows the position of 1 PEARTREE COTTAGES on STATION ROAD.