CHRISTMAS COTTAGE, THE COMMON, MELLIS, EYE, IP23 8DT - £287,500

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.

CHRISTMAS COTTAGE is a very small extended semi-detached house of 84m², built sometime before 1900, which could now be worth an estimated £354,660. It was last sold for £287,500 in November 2017, which was around 25% above the average November 2017 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was F, and the potential energy rating was D.

CHRISTMAS COTTAGE Sold Prices

Land registry data shows two sales for CHRISTMAS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two CHRISTMAS 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
2017 30 NOV	£287,500	£230,654	25% above HPI
2012 10 AUG	£200,000	£161,674	24% above HPI

CHRISTMAS COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two CHRISTMAS COTTAGE sales from August 2012 and November 2017 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 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might CHRISTMAS COTTAGE be worth now?

CHRISTMAS COTTAGE might now be worth an estimated £354,660.

This is based on house price inflation of 23.4%, between November 2017 and February 2025, for semi-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 23.4% inflationary increase is applied to the most recent sale price for CHRISTMAS COTTAGE of £287,500 on 30th November 2017. For the value to have increased from £287,500 to £354,660 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of CHRISTMAS COTTAGE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2017 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of CHRISTMAS COTTAGE has not materially changed since November 2017.

How Large is CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is 84m², which includes four extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of semi-detached houses houses in Mellis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mellis, and where CHRISTMAS COTTAGE lies on this distribution: 10% of semi-detached houses houses are smaller than CHRISTMAS COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Mellis.

CHRISTMAS COTTAGE: Plot and Title Map

CHRISTMAS COTTAGE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of CHRISTMAS 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 CHRISTMAS 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 CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is located on THE COMMON in MELLIS, in the IP23 postcode district. The below map shows the position of CHRISTMAS COTTAGE on THE COMMON.