HILL COTTAGE, BARKING, IPSWICH, IP6 8HP - £385,000

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.

HILL COTTAGE is a small extended detached house of 140m², built sometime before 1900, which could now be worth an estimated £412,105. It was last sold for £385,000 in December 2021, which was around 10% below the average December 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

HILL COTTAGE Sold Prices

Land registry data shows three sales for HILL 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. One of the three HILL COTTAGE sales was for below the average price, whilst two 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
2021 10 DEC	£385,000	£425,846	10% below HPI
2005 30 MAR	£250,000	£235,771	6% above HPI
1997 28 FEB	£113,000	£85,411	32% above HPI

HILL 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 HILL COTTAGE sales between February 1997 and December 2021 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 March 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might HILL COTTAGE be worth now?

HILL COTTAGE might now be worth an estimated £412,105.

This is based on house price inflation of 7%, between December 2021 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for HILL COTTAGE of £385,000 on 10th December 2021. For the value to have increased from £385,000 to £412,105 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of HILL COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of HILL COTTAGE has not materially changed since December 2021.

How Large is HILL COTTAGE?

HILL COTTAGE is 140m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses houses in Barking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barking, and where HILL COTTAGE lies on this distribution: 37% of detached houses houses are smaller than HILL COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Barking.

HILL COTTAGE: Plot and Title Map

HILL COTTAGE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of HILL 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 HILL 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 HILL COTTAGE?

HILL COTTAGE is located in BARKING, in the IP6 postcode district. The below map shows the position of HILL COTTAGE in BARKING.