CHERRY COTTAGE, UPPER ROSE LANE, PALGRAVE, DISS, IP22 1AP - £219,500

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

CHERRY COTTAGE is a very small detached house of 64m², built sometime between 2003 and 2006. It was last sold for £219,500 in March 2016, which was around 32% below the average March 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

CHERRY COTTAGE Sold Prices

Land registry data shows two sales for CHERRY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two CHERRY 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
2016 3 MAR	£219,500	£324,508	32% below HPI
2006 1 DEC	£187,000	£258,039	28% below HPI

CHERRY 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 two CHERRY COTTAGE sales from December 2006 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 December 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is CHERRY COTTAGE?

CHERRY COTTAGE is 64m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Palgrave, and where CHERRY COTTAGE lies on this distribution: 1% of detached houses are smaller than CHERRY COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

CHERRY COTTAGE: Plot and Title Map

CHERRY COTTAGE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of CHERRY 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 CHERRY 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 CHERRY COTTAGE?

CHERRY COTTAGE is located on UPPER ROSE LANE in PALGRAVE, in the IP22 postcode district. The below map shows the position of CHERRY COTTAGE on UPPER ROSE LANE.