GABLE COTTAGE, WESTERFIELD ROAD, WESTERFIELD, IPSWICH, IP6 9AJ - £377,000

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.

GABLE COTTAGE is a very small detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £492,738. It was last sold for £377,000 in November 2016, which was around 16% above the average November 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

GABLE COTTAGE Sold Prices

Land registry data shows three sales for GABLE 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 East Suffolk local authority area for the corresponding sale date. All of the three GABLE 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
2016 11 NOV	£377,000	£323,678	16% above HPI
2006 5 JUN	£290,000	£225,877	28% above HPI
2003 14 FEB	£190,000	£178,716	6% above HPI

GABLE 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 three GABLE COTTAGE sales between February 2003 and November 2016 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 June 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might GABLE COTTAGE be worth now?

GABLE COTTAGE might now be worth an estimated £492,738.

This is based on house price inflation of 30.7%, between November 2016 and February 2025, 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 30.7% inflationary increase is applied to the most recent sale price for GABLE COTTAGE of £377,000 on 11th November 2016. For the value to have increased from £377,000 to £492,738 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of GABLE COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2016 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of GABLE COTTAGE has not materially changed since November 2016.

How Large is GABLE COTTAGE?

GABLE COTTAGE is 119m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westerfield, and where GABLE COTTAGE lies on this distribution: 15% of detached houses houses are smaller than GABLE COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

GABLE COTTAGE: Plot and Title Map

GABLE COTTAGE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of GABLE 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 GABLE 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 GABLE COTTAGE?

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