LILAC COTTAGE, HACKNEY ROAD, PEASENHALL, SAXMUNDHAM, IP17 2HN - £440,000

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.

LILAC COTTAGE is a midsized extended detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £492,343. It was last sold for £440,000 in August 2021, which was around 16% above the average August 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows two sales for LILAC 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 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
2021 23 AUG	£440,000	£378,070	16% above HPI
2002 4 JUL	£245,000	£158,645	54% 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 two LILAC COTTAGE sales from July 2002 and August 2021 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 July 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might LILAC COTTAGE be worth now?

LILAC COTTAGE might now be worth an estimated £492,343.

This is based on house price inflation of 11.9%, between August 2021 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 11.9% inflationary increase is applied to the most recent sale price for LILAC COTTAGE of £440,000 on 23rd August 2021. For the value to have increased from £440,000 to £492,343 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of LILAC COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of LILAC COTTAGE has not materially changed since August 2021.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 141m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Peasenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peasenhall, and where LILAC COTTAGE lies on this distribution: 49% of detached houses houses are smaller than LILAC COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Peasenhall.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.068 of an acre, or 277m². 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 HACKNEY ROAD in PEASENHALL, in the IP17 postcode district. The below map shows the position of LILAC COTTAGE on HACKNEY ROAD.