CLOVER COTTAGE, OFFTON, IPSWICH, IP8 4SE - £370,000

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.

CLOVER COTTAGE is a very small extended detached house of 82m², built sometime before 1900, which could now be worth an estimated £445,988. It was last sold for £370,000 in September 2017, which was around 2% below the average September 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

CLOVER COTTAGE Sold Prices

Land registry data shows three sales for CLOVER COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three CLOVER COTTAGE sales were for below the average price, whilst one was 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 22 SEP	£370,000	£378,163	2% below HPI
2006 17 OCT	£275,000	£264,426	4% above HPI
2004 23 JUN	£215,000	£219,422	2% below HPI

CLOVER 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 three CLOVER COTTAGE sales between June 2004 and September 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 October 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might CLOVER COTTAGE be worth now?

CLOVER COTTAGE might now be worth an estimated £445,988.

This is based on house price inflation of 20.5%, between September 2017 and February 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 20.5% inflationary increase is applied to the most recent sale price for CLOVER COTTAGE of £370,000 on 22nd September 2017. For the value to have increased from £370,000 to £445,988 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of CLOVER COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of CLOVER COTTAGE has not materially changed since September 2017.

How Large is CLOVER COTTAGE?

CLOVER COTTAGE is 82m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses houses in Offton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Offton, and where CLOVER COTTAGE lies on this distribution: 4% of detached houses houses are smaller than CLOVER COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Offton.

CLOVER COTTAGE: Plot and Title Map

CLOVER COTTAGE sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of CLOVER 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 CLOVER 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 CLOVER COTTAGE?

CLOVER COTTAGE is located in OFFTON, in the IP8 postcode district. The below map shows the position of CLOVER COTTAGE in OFFTON.