GAGE COTTAGE, THE GREEN, RISBY, BURY ST EDMUNDS, IP28 6QH - £405,000

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.

GAGE COTTAGE is a large extended detached house of 187m², built sometime before 1900, which could now be worth an estimated £688,908. It was last sold for £405,000 in February 2012, which was around 53% above the average February 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

GAGE COTTAGE Sold Prices

Land registry data shows three sales for GAGE 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 West Suffolk local authority area for the corresponding sale date. All of the three GAGE 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
2012 28 FEB	£405,000	£264,853	53% above HPI
2006 23 FEB	£356,000	£241,576	47% above HPI
2004 20 FEB	£330,000	£223,352	48% above HPI

GAGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three GAGE COTTAGE sales between February 2004 and February 2012 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 February 2006 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2012 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might GAGE COTTAGE be worth now?

GAGE COTTAGE might now be worth an estimated £688,908.

This is based on house price inflation of 70.1%, between February 2012 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.1% inflationary increase is applied to the most recent sale price for GAGE COTTAGE of £405,000 on 28th February 2012. For the value to have increased from £405,000 to £688,908 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of GAGE COTTAGE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2012 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of GAGE COTTAGE has not materially changed since February 2012.

How Large is GAGE COTTAGE?

GAGE COTTAGE is 187m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Risby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Risby, and where GAGE COTTAGE lies on this distribution: 69% of detached houses houses are smaller than GAGE COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Risby.

GAGE COTTAGE: Plot and Title Map

GAGE COTTAGE sits on a plot of roughly 0.447 of an acre, or 1,807m². The below map shows the location of GAGE 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 GAGE 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 GAGE COTTAGE?

GAGE COTTAGE is located on THE GREEN in RISBY, in the IP28 postcode district. The below map shows the position of GAGE COTTAGE on THE GREEN.