BROOK COTTAGE, THE STREET, HITCHAM, IPSWICH, IP7 7NQ - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BROOK COTTAGE is a small extended detached house of 90m², built sometime before 1900. It was last sold for £320,000 in May 2022, which was around 32% below the average May 2022 detached price in the Babergh local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

BROOK COTTAGE Sold Prices

Land registry data shows three sales for BROOK 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 Babergh local authority area for the corresponding sale date. All of the three BROOK 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 20 MAY	£320,000	£469,216	32% below HPI
2014 8 AUG	£220,000	£321,260	32% below HPI
1997 19 SEP	£68,500	£98,109	30% below HPI

BROOK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three BROOK COTTAGE sales between September 1997 and May 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 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2022 sale, which was also at 32% below the HPI.

How Large is BROOK COTTAGE?

BROOK COTTAGE is 90m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Hitcham, based on EPC data. The below chart shows the distribution of detached houses by size in Hitcham, and where BROOK COTTAGE lies on this distribution: 23% of detached houses are smaller than BROOK COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hitcham.

BROOK COTTAGE: Plot and Title Map

BROOK COTTAGE sits on a plot of roughly 0.270 of an acre, or 1,091m². The below map shows the location of BROOK 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 BROOK 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 BROOK COTTAGE?

BROOK COTTAGE is located on THE STREET in HITCHAM, in the IP7 postcode district. The below map shows the position of BROOK COTTAGE on THE STREET.