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 detached house of 92m², built sometime between 1967 and 1975. It was last sold for £265,000 in January 2020, which was around 31% below the average January 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for CLARE COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three CLARE 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 |
---|---|---|---|
2020 10 JAN | £265,000 | £383,370 | 31% below HPI |
2013 10 JUL | £204,500 | £269,824 | 24% below HPI |
2005 19 AUG | £195,000 | £242,857 | 20% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three CLARE COTTAGE sales between August 2005 and January 2020 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 July 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
CLARE COTTAGE is 92m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Hepworth, based on EPC data. The below chart shows the distribution of detached houses by size in Hepworth, and where CLARE COTTAGE lies on this distribution: 38% of detached houses are smaller than CLARE COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hepworth.
CLARE COTTAGE sits on a plot of roughly 0.170 of an acre, or 687m². 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.
CLARE COTTAGE is located on THE STREET in HEPWORTH, in the IP22 postcode district. The below map shows the position of CLARE COTTAGE on THE STREET.