LITTLE POND COTTAGE, THE STREET, MONKS ELEIGH, IPSWICH, IP7 7AU - £460,000

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

LITTLE POND COTTAGE is a very small extended detached house of 90m², built sometime before 1900. It was last sold for £460,000 in April 2024, which was around 2% above the average April 2024 detached price in the Babergh local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

LITTLE POND COTTAGE Sold Prices

Land registry data shows five sales for LITTLE POND COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. The five LITTLE POND COTTAGE sales were a mix of above the average price, roughly equal to the average price, and 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 22 APR	£460,000	£453,054	2% above HPI
2017 13 JUL	£432,000	£399,252	8% above HPI
2009 19 NOV	£310,000	£256,722	21% above HPI
2004 7 OCT	£250,000	£250,453	Close to HPI
2003 12 NOV	£192,500	£225,938	15% below HPI

LITTLE POND 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 five LITTLE POND COTTAGE sales between November 2003 and April 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 July 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is LITTLE POND COTTAGE?

LITTLE POND COTTAGE is 90m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Monks Eleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Monks Eleigh, and where LITTLE POND COTTAGE lies on this distribution: 16% of detached houses are smaller than LITTLE POND COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Monks Eleigh.

LITTLE POND COTTAGE: Plot and Title Map

LITTLE POND COTTAGE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of LITTLE POND 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 LITTLE POND 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 LITTLE POND COTTAGE?

LITTLE POND COTTAGE is located on THE STREET in MONKS ELEIGH, in the IP7 postcode district. The below map shows the position of LITTLE POND COTTAGE on THE STREET.