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

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

CHERRY TREE COTTAGE is a midsized detached house of 131m², built sometime between 1996 and 2002. It was last sold for £247,500 in June 2014, which was around 12% 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	£281,093	12% below HPI
2010 2 AUG	£250,000	£260,185	4% below HPI
2004 28 APR	£200,000	£206,426	3% below HPI
2001 3 AUG	£149,950	£141,359	6% above HPI
2000 7 JUL	£34,500	£131,151	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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Little Stonham, based on EPC data. The below chart shows the distribution of detached houses by size in Little Stonham, and where CHERRY TREE COTTAGE lies on this distribution: 48% of detached houses are smaller than CHERRY TREE COTTAGE, and 52% 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.