CRAFT COTTAGE, ALDRINGHAM, LEISTON, IP16 4PY - £157,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CRAFT COTTAGE is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £259,770. It was last sold for £157,500 in November 2012, which was around 37% below the average November 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was A.

CRAFT COTTAGE Sold Prices

Land registry data shows two sales for CRAFT 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. Both of the two CRAFT 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
2012 28 NOV	£157,500	£250,336	37% below HPI
2006 26 SEP	£150,000	£237,073	37% below HPI

CRAFT 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 CRAFT COTTAGE sales from September 2006 and November 2012 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2012 sale, which was also at 37% below the HPI.

What might CRAFT COTTAGE be worth now?

CRAFT COTTAGE might now be worth an estimated £259,770.

This is based on house price inflation of 64.9%, between November 2012 and December 2024, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.9% inflationary increase is applied to the most recent sale price for CRAFT COTTAGE of £157,500 on 28th November 2012. For the value to have increased from £157,500 to £259,770 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of CRAFT COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2012 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of CRAFT COTTAGE has not materially changed since November 2012.

How Large is CRAFT COTTAGE?

CRAFT COTTAGE is 78m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses houses in Aldringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldringham, and where CRAFT COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than CRAFT COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Aldringham.

CRAFT COTTAGE: Plot and Title Map

CRAFT COTTAGE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of CRAFT 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 CRAFT 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 CRAFT COTTAGE?

CRAFT COTTAGE is located in ALDRINGHAM, in the IP16 postcode district. The below map shows the position of CRAFT COTTAGE in ALDRINGHAM.