HILL COTTAGE, HOLLOW LANE, CHELMONDISTON, IPSWICH, IP9 1HZ - £300,000

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 midsized extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £299,168. It was last sold for £300,000 in May 2023, which was around 39% below the average May 2023 detached price in the Babergh local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

HILL COTTAGE Sold Prices

Land registry data shows two sales for HILL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two HILL COTTAGE sales were for below 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
2023 24 MAY	£300,000	£490,877	39% below HPI
1995 29 SEP	£60,000	£83,384	28% below HPI

HILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two HILL COTTAGE sales from September 1995 and May 2023 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 September 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might HILL COTTAGE be worth now?

HILL COTTAGE might now be worth an estimated £299,168.

This is based on house price deflation of 0.3%, between May 2023 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for HILL COTTAGE of £300,000 on 24th May 2023. For the value to have decreased from £300,000 to £299,168 over the two years and three 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 Babergh local authority area.
• The May 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of HILL COTTAGE has not materially changed since May 2023.

How Large is HILL COTTAGE?

HILL COTTAGE is 117m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmondiston, and where HILL COTTAGE lies on this distribution: 43% of detached houses houses are smaller than HILL COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

HILL COTTAGE: Plot and Title Map

HILL COTTAGE sits on a plot of roughly 0.220 of an acre, or 890m². 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 on HOLLOW LANE in CHELMONDISTON, in the IP9 postcode district. The below map shows the position of HILL COTTAGE on HOLLOW LANE.