CLARE COTTAGE, CHASES LANE, FRISTON, SAXMUNDHAM, IP17 1PJ - £375,000

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

CLARE COTTAGE is a small extended detached house of 92m², built sometime before 1900. It was last sold for £375,000 in June 2022, which was around 12% below the average June 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was A.

CLARE COTTAGE Sold Prices

Land registry data shows five sales for CLARE 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 East Suffolk local authority area for the corresponding sale date. Most of the five CLARE 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
2022 30 JUN	£375,000	£426,506	12% below HPI
2011 31 AUG	£240,000	£251,903	5% below HPI
2004 11 AUG	£235,000	£220,909	6% above HPI
2001 24 SEP	£170,000	£139,852	22% above HPI
1997 22 APR	£82,500	£78,660	5% above HPI

CLARE 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 five CLARE COTTAGE sales between April 1997 and June 2022 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 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is CLARE COTTAGE?

CLARE COTTAGE is 92m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Friston, based on EPC data. The below chart shows the distribution of detached houses by size in Friston, and where CLARE COTTAGE lies on this distribution: 27% of detached houses are smaller than CLARE COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Friston.

CLARE COTTAGE: Plot and Title Map

CLARE COTTAGE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of CLARE 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 CLARE 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 CLARE COTTAGE?

CLARE COTTAGE is located on CHASES LANE in FRISTON, in the IP17 postcode district. The below map shows the position of CLARE COTTAGE on CHASES LANE.