LILAC COTTAGE, DARSHAM ROAD, WESTLETON, SAXMUNDHAM, IP17 3AH - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LILAC COTTAGE is a large extended detached house of 198m², built sometime before 1900. It was last sold for £475,000 in March 2016, which was around 54% above the average March 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC 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 East Suffolk local authority area for the corresponding sale date. All of the three LILAC 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
2016 17 MAR	£475,000	£308,457	54% above HPI
2004 15 OCT	£295,000	£221,394	33% above HPI
1997 1 JUL	£110,000	£82,831	33% above HPI

LILAC 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 three LILAC COTTAGE sales between July 1997 and March 2016 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 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2016 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 198m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where LILAC COTTAGE lies on this distribution: 79% of detached houses are smaller than LILAC COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Westleton.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.198 of an acre, or 799m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on DARSHAM ROAD in WESTLETON, in the IP17 postcode district. The below map shows the position of LILAC COTTAGE on DARSHAM ROAD.