CEDAR COTTAGE, FARNHAM ROAD, SNAPE, SAXMUNDHAM, IP17 1QW - £407,500

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

CEDAR COTTAGE is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £407,500 in March 2016, which was around 32% above the average March 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

CEDAR COTTAGE Sold Prices

Land registry data shows three sales for CEDAR 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 East Suffolk local authority area for the corresponding sale date. All of the three CEDAR 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
2016 30 MAR	£407,500	£308,457	32% above HPI
2004 28 OCT	£292,000	£221,394	32% above HPI
1995 31 MAR	£98,000	£76,074	29% above HPI

CEDAR COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three CEDAR COTTAGE sales between March 1995 and March 2016 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 October 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2016 sale, which was also at 32% above the HPI.

How Large is CEDAR COTTAGE?

CEDAR COTTAGE is 125m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where CEDAR COTTAGE lies on this distribution: 41% of detached houses are smaller than CEDAR COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Snape.

CEDAR COTTAGE: Plot and Title Map

CEDAR COTTAGE sits on a plot of roughly 0.344 of an acre, or 1,393m². The below map shows the location of CEDAR 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 CEDAR 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 CEDAR COTTAGE?

CEDAR COTTAGE is located on FARNHAM ROAD in SNAPE, in the IP17 postcode district. The below map shows the position of CEDAR COTTAGE on FARNHAM ROAD.