BRIDGE COTTAGE, EARLSFORD ROAD, MELLIS, EYE, IP23 8EA - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRIDGE COTTAGE is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £495,000 in July 2022, which was around 16% above the average July 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was F, and the potential energy rating was D.

BRIDGE COTTAGE Sold Prices

Land registry data shows five sales for BRIDGE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the five BRIDGE 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
2022 1 JUL	£495,000	£425,314	16% above HPI
2017 10 AUG	£355,000	£364,938	3% below HPI
2015 16 JUL	£250,000	£297,484	16% below HPI
2008 29 OCT	£250,000	£260,871	4% below HPI
1998 14 DEC	£88,000	£98,377	11% below HPI

BRIDGE 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 five BRIDGE COTTAGE sales between December 1998 and July 2022 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is BRIDGE COTTAGE?

BRIDGE COTTAGE is 79m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Mellis, based on EPC data. The below chart shows the distribution of detached houses by size in Mellis, and where BRIDGE COTTAGE lies on this distribution: 3% of detached houses are smaller than BRIDGE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Mellis.

BRIDGE COTTAGE: Plot and Title Map

BRIDGE COTTAGE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of BRIDGE 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 BRIDGE 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 BRIDGE COTTAGE?

BRIDGE COTTAGE is located on EARLSFORD ROAD in MELLIS, in the IP23 postcode district. The below map shows the position of BRIDGE COTTAGE on EARLSFORD ROAD.