LIME TREE COTTAGE, KATES LANE, WETHERDEN, STOWMARKET, IP14 3LE - £450,000

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

LIME TREE COTTAGE is a midsized extended detached house of 135m², built sometime between 1996 and 2002. It was last sold for £450,000 in July 2022, which was around 6% above the average July 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

LIME TREE COTTAGE Sold Prices

Land registry data shows two sales for LIME 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two LIME 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
2022 18 JUL	£450,000	£425,314	6% above HPI
1996 17 DEC	£110,000	£81,742	35% above HPI

LIME TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two LIME TREE COTTAGE sales from December 1996 and July 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 December 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is LIME TREE COTTAGE?

LIME TREE COTTAGE is 135m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Wetherden, based on EPC data. The below chart shows the distribution of detached houses by size in Wetherden, and where LIME TREE COTTAGE lies on this distribution: 51% of detached houses are smaller than LIME TREE COTTAGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wetherden.

LIME TREE COTTAGE: Plot and Title Map

LIME TREE COTTAGE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of LIME 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 LIME 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 LIME TREE COTTAGE?

LIME TREE COTTAGE is located on KATES LANE in WETHERDEN, in the IP14 postcode district. The below map shows the position of LIME TREE COTTAGE on KATES LANE.