MALTINGS COTTAGE, THE STREET, LAXFIELD, WOODBRIDGE, IP13 8DZ - £405,000

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.

MALTINGS COTTAGE is a very small detached house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £411,244. It was last sold for £405,000 in September 2022, which was around 10% below the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

MALTINGS COTTAGE Sold Prices

Land registry data shows three sales for MALTINGS 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 Mid Suffolk local authority area for the corresponding sale date. All of the three MALTINGS COTTAGE sales were 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 20 SEP	£405,000	£448,906	10% below HPI
2005 19 SEP	£162,500	£243,265	33% below HPI
2000 20 NOV	£116,750	£134,315	13% below HPI

MALTINGS 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 three MALTINGS COTTAGE sales between November 2000 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 September 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might MALTINGS COTTAGE be worth now?

MALTINGS COTTAGE might now be worth an estimated £411,244.

This is based on house price inflation of 1.5%, between September 2022 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for MALTINGS COTTAGE of £405,000 on 20th September 2022. For the value to have increased from £405,000 to £411,244 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of MALTINGS COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of MALTINGS COTTAGE has not materially changed since September 2022.

How Large is MALTINGS COTTAGE?

MALTINGS COTTAGE is 66m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laxfield, and where MALTINGS COTTAGE lies on this distribution: 9% of detached houses houses are smaller than MALTINGS COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

MALTINGS COTTAGE: Plot and Title Map

MALTINGS COTTAGE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of MALTINGS 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 MALTINGS 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 MALTINGS COTTAGE?

MALTINGS COTTAGE is located on THE STREET in LAXFIELD, in the IP13 postcode district. The below map shows the position of MALTINGS COTTAGE on THE STREET.