CHERRY TREE COTTAGE, NORWICH ROAD, LITTLE STONHAM, STOWMARKET, IP14 5JT - £247,500

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.

CHERRY TREE COTTAGE is a midsized detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £399,996. It was last sold for £247,500 in June 2014, which was around 14% below the average June 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows five sales for CHERRY TREE 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 CHERRY TREE 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
2014 13 JUN	£247,500	£287,714	14% below HPI
2010 2 AUG	£250,000	£266,314	6% below HPI
2004 28 APR	£200,000	£211,289	5% below HPI
2001 3 AUG	£149,950	£144,689	4% above HPI
2000 7 JUL	£34,500	£134,240	74% below HPI

CHERRY TREE 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 CHERRY TREE COTTAGE sales between July 2000 and June 2014 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might CHERRY TREE COTTAGE be worth now?

CHERRY TREE COTTAGE might now be worth an estimated £399,996.

This is based on house price inflation of 61.6%, between June 2014 and March 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.6% inflationary increase is applied to the most recent sale price for CHERRY TREE COTTAGE of £247,500 on 13th June 2014. For the value to have increased from £247,500 to £399,996 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of CHERRY TREE COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE COTTAGE has not materially changed since June 2014.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 131m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses houses in Little Stonham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Stonham, and where CHERRY TREE COTTAGE lies on this distribution: 43% of detached houses houses are smaller than CHERRY TREE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Little Stonham.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of CHERRY TREE 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 TREE 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 TREE COTTAGE?

CHERRY TREE COTTAGE is located on NORWICH ROAD in LITTLE STONHAM, in the IP14 postcode district. The below map shows the position of CHERRY TREE COTTAGE on NORWICH ROAD.