GARDEN COTTAGE, THE HILL, SNAPE, SAXMUNDHAM, IP17 1RJ - £215,000

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.

GARDEN COTTAGE is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £315,687. It was last sold for £215,000 in October 2014, which was around 25% below the average October 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

GARDEN COTTAGE Sold Prices

Land registry data shows three sales for GARDEN 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. Two of the three GARDEN COTTAGE sales were for below the average price, whilst one was 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
2014 28 OCT	£215,000	£288,117	25% below HPI
2002 2 AUG	£166,000	£162,033	2% above HPI
1998 5 JAN	£64,000	£84,226	24% below HPI

GARDEN 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 GARDEN COTTAGE sales between January 1998 and October 2014 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 August 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might GARDEN COTTAGE be worth now?

GARDEN COTTAGE might now be worth an estimated £315,687.

This is based on house price inflation of 46.8%, between October 2014 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 46.8% inflationary increase is applied to the most recent sale price for GARDEN COTTAGE of £215,000 on 28th October 2014. For the value to have increased from £215,000 to £315,687 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of GARDEN COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of GARDEN COTTAGE has not materially changed since October 2014.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 90m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Snape, based on EPC data. The below chart shows the distribution of detached houses houses by size in Snape, and where GARDEN COTTAGE lies on this distribution: 12% of detached houses houses are smaller than GARDEN COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Snape.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of GARDEN 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 GARDEN 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 GARDEN COTTAGE?

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