LARK COTTAGE, PINMILL, IPSWICH, IP9 1JS - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LARK COTTAGE is a midsized detached house of 128m², built sometime before 1900, which could now be worth an estimated £726,143. It was last sold for £750,000 in September 2022, which was around 48% above the average September 2022 detached price in the Babergh local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

LARK COTTAGE Sold Prices

Land registry data shows two sales for LARK 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. One of the two LARK 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
2022 16 SEP	£750,000	£505,598	48% above HPI
2013 21 OCT	£295,000	£299,573	2% below HPI

LARK 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 LARK COTTAGE sales from October 2013 and September 2022 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 October 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2022 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might LARK COTTAGE be worth now?

LARK COTTAGE might now be worth an estimated £726,143.

This is based on house price deflation of 3.2%, between September 2022 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 3.2% deflationary decrease is applied to the most recent sale price for LARK COTTAGE of £750,000 on 16th September 2022. For the value to have decreased from £750,000 to £726,143 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of LARK COTTAGE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of LARK COTTAGE has not materially changed since September 2022.

How Large is LARK COTTAGE?

LARK COTTAGE is 128m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 LARK COTTAGE lies on this distribution: 56% of detached houses houses are smaller than LARK COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

LARK COTTAGE: Plot and Title Map

LARK COTTAGE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of LARK 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 LARK 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 LARK COTTAGE?

LARK COTTAGE is located in PINMILL, in the IP9 postcode district. The below map shows the position of LARK COTTAGE in PINMILL.