CORNER COTTAGE, RAVENSMERE, BECCLES, NR34 9DX - £297,000

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

CORNER COTTAGE is a large extended detached house of 118m², built sometime before 1900. It was last sold for £297,000 in April 2021, which was around 21% below the average April 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two CORNER COTTAGE sales was for below the average price, whilst the other 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
2021 9 APR	£297,000	£376,979	21% below HPI
1995 20 SEP	£77,000	£73,256	5% above HPI

CORNER 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 two CORNER COTTAGE sales from September 1995 and April 2021 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 September 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 118m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where CORNER COTTAGE lies on this distribution: 70% of detached houses are smaller than CORNER COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Beccles.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on RAVENSMERE in BECCLES, in the NR34 postcode district. The below map shows the position of CORNER COTTAGE on RAVENSMERE.