KERSEY COTTAGE, CHAPEL ROAD, OTLEY, IPSWICH, IP6 9NT - £540,000

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.

KERSEY COTTAGE is a small extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £539,431. It was last sold for £540,000 in January 2024, which was around 28% above the average January 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

KERSEY COTTAGE Sold Prices

Land registry data shows two sales for KERSEY 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. One of the two KERSEY COTTAGE sales was for above the average price, whilst the other was 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
2024 18 JAN	£540,000	£423,492	28% above HPI
2012 2 APR	£230,000	£247,884	7% below HPI

KERSEY 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 KERSEY COTTAGE sales from April 2012 and January 2024 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 April 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2024 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might KERSEY COTTAGE be worth now?

KERSEY COTTAGE might now be worth an estimated £539,431.

This is based on house price deflation of 0.1%, between January 2024 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 0.1% deflationary decrease is applied to the most recent sale price for KERSEY COTTAGE of £540,000 on 18th January 2024. For the value to have decreased from £540,000 to £539,431 over the eleven months to February 2025, the following assumptions must hold true:

• The value of KERSEY COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of KERSEY COTTAGE has not materially changed since January 2024.

How Large is KERSEY COTTAGE?

KERSEY COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses houses in Otley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otley, and where KERSEY COTTAGE lies on this distribution: 31% of detached houses houses are smaller than KERSEY COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Otley.

KERSEY COTTAGE: Plot and Title Map

KERSEY COTTAGE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of KERSEY 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 KERSEY 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 KERSEY COTTAGE?

KERSEY COTTAGE is located on CHAPEL ROAD in OTLEY, in the IP6 postcode district. The below map shows the position of KERSEY COTTAGE on CHAPEL ROAD.