ELM VALE COTTAGE, DENMARK HILL, PALGRAVE, DISS, IP22 1AB - £500,000

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 VALE COTTAGE is a large extended detached house of 179m², built sometime before 1900, which could now be worth an estimated £859,655. It was last sold for £500,000 in November 2006, which was around 89% above the average November 2006 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

ELM VALE COTTAGE Sold Prices

Land registry data shows two sales for ELM VALE 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two ELM VALE 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
2006 2 NOV	£500,000	£265,122	89% above HPI
2001 26 OCT	£395,000	£160,386	146% above HPI

ELM VALE 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 two ELM VALE COTTAGE sales from October 2001 and November 2006 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 2001 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the November 2006 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might ELM VALE COTTAGE be worth now?

ELM VALE COTTAGE might now be worth an estimated £859,655.

This is based on house price inflation of 71.9%, between November 2006 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 71.9% inflationary increase is applied to the most recent sale price for ELM VALE COTTAGE of £500,000 on 2nd November 2006. For the value to have increased from £500,000 to £859,655 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of ELM VALE COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2006 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of ELM VALE COTTAGE has not materially changed since November 2006.

How Large is ELM VALE COTTAGE?

ELM VALE COTTAGE is 179m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where ELM VALE COTTAGE lies on this distribution: 74% of detached houses houses are smaller than ELM VALE COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

ELM VALE COTTAGE: Plot and Title Map

ELM VALE COTTAGE sits on a plot of roughly 18.4 acres, or 74,299m². The below map shows the location of ELM VALE 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 VALE 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 VALE COTTAGE?

ELM VALE COTTAGE is located on DENMARK HILL in PALGRAVE, in the IP22 postcode district. The below map shows the position of ELM VALE COTTAGE on DENMARK HILL.