HOLLY TREE COTTAGE, SANDY LANE, SNAPE, SAXMUNDHAM, IP17 1SE - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HOLLY TREE COTTAGE is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £410,000 in May 2018, which was around 20% above the average May 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

HOLLY TREE COTTAGE Sold Prices

Land registry data shows two sales for HOLLY TREE 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 East Suffolk local authority area for the corresponding sale date. Both of the two HOLLY TREE 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
2018 22 MAY	£410,000	£342,867	20% above HPI
2006 12 MAY	£295,000	£221,098	33% above HPI

HOLLY TREE 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 two HOLLY TREE COTTAGE sales from May 2006 and May 2018 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 May 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is HOLLY TREE COTTAGE?

HOLLY TREE COTTAGE is 103m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where HOLLY TREE COTTAGE lies on this distribution: 22% of detached houses are smaller than HOLLY TREE COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Snape.

HOLLY TREE COTTAGE: Plot and Title Map

HOLLY TREE COTTAGE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of HOLLY TREE 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 HOLLY TREE 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 HOLLY TREE COTTAGE?

HOLLY TREE COTTAGE is located on SANDY LANE in SNAPE, in the IP17 postcode district. The below map shows the position of HOLLY TREE COTTAGE on SANDY LANE.