GALLERY COTTAGE, THE HILL, WESTLETON, SAXMUNDHAM, IP17 3AN - £395,000

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.

GALLERY COTTAGE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £572,938. It was last sold for £395,000 in May 2015, which was around 35% above the average May 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

GALLERY COTTAGE Sold Prices

Land registry data shows three sales for GALLERY 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 GALLERY 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
2015 29 MAY	£395,000	£291,660	35% above HPI
2007 12 NOV	£380,750	£270,721	41% above HPI
1996 1 APR	£82,000	£73,679	11% above HPI

GALLERY 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 GALLERY COTTAGE sales between April 1996 and May 2015 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 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might GALLERY COTTAGE be worth now?

GALLERY COTTAGE might now be worth an estimated £572,938.

This is based on house price inflation of 45%, between May 2015 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 45% inflationary increase is applied to the most recent sale price for GALLERY COTTAGE of £395,000 on 29th May 2015. For the value to have increased from £395,000 to £572,938 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of GALLERY COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2015 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of GALLERY COTTAGE has not materially changed since May 2015.

How Large is GALLERY COTTAGE?

GALLERY COTTAGE is 98m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westleton, and where GALLERY COTTAGE lies on this distribution: 23% of detached houses houses are smaller than GALLERY COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Westleton.

GALLERY COTTAGE: Plot and Title Map

GALLERY COTTAGE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of GALLERY 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 GALLERY 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 GALLERY COTTAGE?

GALLERY COTTAGE is located on THE HILL in WESTLETON, in the IP17 postcode district. The below map shows the position of GALLERY COTTAGE on THE HILL.