FORGE COTTAGE, SCHOOL ROAD, CODDENHAM, IPSWICH, IP6 9PR - £307,500

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 small extended detached house of 110m², built sometime before 1900. It was last sold for £307,500 in March 2022, which was around 27% below the average March 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

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
2022 3 MAR	£307,500	£421,851	27% below HPI
2014 28 NOV	£224,500	£296,386	24% below HPI
2002 28 JAN	£95,000	£157,899	40% 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 January 2002 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 November 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 110m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Coddenham, based on EPC data. The below chart shows the distribution of detached houses by size in Coddenham, and where FORGE COTTAGE lies on this distribution: 33% of detached houses are smaller than FORGE COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Coddenham.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.027 of an acre, or 107m². 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 SCHOOL ROAD in CODDENHAM, in the IP6 postcode district. The below map shows the position of FORGE COTTAGE on SCHOOL ROAD.