FORGE COTTAGE, POTTERY HILL, WATTISFIELD, DISS, IP22 1NH - £326,000

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

FORGE COTTAGE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £326,000 in September 2021, which was around 16% below the average September 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

FORGE COTTAGE Sold Prices

Land registry data shows three sales for FORGE 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 Mid Suffolk local authority area for the corresponding sale date. All of the three FORGE 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
2021 30 SEP	£326,000	£389,810	16% below HPI
2018 25 MAY	£310,000	£368,187	16% below HPI
2016 15 JUL	£257,000	£332,959	23% below HPI

FORGE 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 three FORGE COTTAGE sales between July 2016 and September 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 May 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, which was also at 16% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 60m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Wattisfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wattisfield, and where FORGE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than FORGE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wattisfield.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of FORGE 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 FORGE 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 FORGE COTTAGE?

FORGE COTTAGE is located on POTTERY HILL in WATTISFIELD, in the IP22 postcode district. The below map shows the position of FORGE COTTAGE on POTTERY HILL.