ELM COTTAGE, WESTERFIELD ROAD, WESTERFIELD, IPSWICH, IP6 9AJ - £351,000

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.

ELM COTTAGE is a very small extended semi-detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £407,581. It was last sold for £351,000 in March 2021, which was around 46% above the average March 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

ELM COTTAGE Sold Prices

Land registry data shows two sales for ELM COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two ELM 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
2021 31 MAR	£351,000	£240,312	46% above HPI
2016 28 APR	£291,250	£193,885	50% above HPI

ELM COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two ELM COTTAGE sales from April 2016 and March 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 April 2016 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the March 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might ELM COTTAGE be worth now?

ELM COTTAGE might now be worth an estimated £407,581.

This is based on house price inflation of 16.1%, between March 2021 and February 2025, for semi-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 16.1% inflationary increase is applied to the most recent sale price for ELM COTTAGE of £351,000 on 31st March 2021. For the value to have increased from £351,000 to £407,581 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of ELM COTTAGE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The March 2021 sale price of £351,000 represented a fair market value for the property.
• The size, condition, and specification of ELM COTTAGE has not materially changed since March 2021.

How Large is ELM COTTAGE?

ELM COTTAGE is 85m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses houses in Westerfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Westerfield, and where ELM COTTAGE lies on this distribution: 4% of semi-detached houses houses are smaller than ELM COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of ELM 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 ELM 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 ELM COTTAGE?

ELM COTTAGE is located on WESTERFIELD ROAD in WESTERFIELD, in the IP6 postcode district. The below map shows the position of ELM COTTAGE on WESTERFIELD ROAD.