ORE COTTAGE, MILL ROAD, FRISTON, SAXMUNDHAM, IP17 1PH - £455,000

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.

ORE COTTAGE is a midsized detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £644,596. It was last sold for £455,000 in August 2015, which was around 52% above the average August 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

ORE COTTAGE Sold Prices

Land registry data shows three sales for ORE 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 ORE 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
2015 19 AUG	£455,000	£298,615	52% above HPI
2004 21 JUN	£310,000	£214,995	44% above HPI
2000 21 MAR	£175,627	£103,555	70% above HPI

ORE 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 ORE COTTAGE sales between March 2000 and August 2015 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 June 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2015 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might ORE COTTAGE be worth now?

ORE COTTAGE might now be worth an estimated £644,596.

This is based on house price inflation of 41.7%, between August 2015 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 41.7% inflationary increase is applied to the most recent sale price for ORE COTTAGE of £455,000 on 19th August 2015. For the value to have increased from £455,000 to £644,596 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of ORE COTTAGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2015 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of ORE COTTAGE has not materially changed since August 2015.

How Large is ORE COTTAGE?

ORE COTTAGE is 129m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in Friston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Friston, and where ORE COTTAGE lies on this distribution: 46% of detached houses houses are smaller than ORE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Friston.

ORE COTTAGE: Plot and Title Map

ORE COTTAGE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of ORE 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 ORE 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 ORE COTTAGE?

ORE COTTAGE is located on MILL ROAD in FRISTON, in the IP17 postcode district. The below map shows the position of ORE COTTAGE on MILL ROAD.