CORNER COTTAGE, SHARPS LANE, HORRINGER, BURY ST EDMUNDS, IP29 5PW - £568,000

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 midsized extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £568,000 in March 2022, which was around 29% above the average March 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was E.

CORNER COTTAGE Sold Prices

Land registry data shows three sales for CORNER 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 West Suffolk local authority area for the corresponding sale date. All of the three CORNER 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 1 MAR	£568,000	£440,014	29% above HPI
2009 21 DEC	£325,000	£246,055	32% above HPI
2001 9 MAR	£200,000	£131,176	52% above HPI

CORNER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three CORNER COTTAGE sales between March 2001 and March 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 December 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 131m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 50% of detached houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses by size in Horringer, and where CORNER COTTAGE lies on this distribution: 53% of detached houses are smaller than CORNER COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Horringer.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.181 of an acre, or 734m². 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 SHARPS LANE in HORRINGER, in the IP29 postcode district. The below map shows the position of CORNER COTTAGE on SHARPS LANE.