PEAR TREE COTTAGE, CROSSING ROAD, PALGRAVE, DISS, IP22 1AW - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PEAR TREE COTTAGE is a small extended detached house of 107m², built sometime before 1900, which could now be worth an estimated £356,885. It was last sold for £370,000 in December 2022, which was around 19% below the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

PEAR TREE COTTAGE Sold Prices

Land registry data shows two sales for PEAR 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 PEAR TREE 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 16 DEC	£370,000	£457,383	19% below HPI
2008 21 JAN	£250,000	£285,877	13% below HPI

PEAR 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 PEAR TREE COTTAGE sales from January 2008 and December 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 January 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £356,885.

This is based on house price deflation of 3.5%, between December 2022 and December 2024, 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 3.5% deflationary decrease is applied to the most recent sale price for PEAR TREE COTTAGE of £370,000 on 16th December 2022. For the value to have decreased from £370,000 to £356,885 over the two years to December 2024, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since December 2022.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 107m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where PEAR TREE COTTAGE lies on this distribution: 21% of detached houses houses are smaller than PEAR TREE COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of PEAR 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 PEAR 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on CROSSING ROAD in PALGRAVE, in the IP22 postcode district. The below map shows the position of PEAR TREE COTTAGE on CROSSING ROAD.