PENSHURST COTTAGE, COCKFIELD HALL LANE, WESTERFIELD, IPSWICH, IP6 9AN - £391,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PENSHURST COTTAGE is a very small extended detached house of 119m², built sometime before 1900. It was last sold for £391,000 in June 2021, which was around 3% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was A.

PENSHURST COTTAGE Sold Prices

Land registry data shows three sales for PENSHURST 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 PENSHURST 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
2021 25 JUN	£391,000	£380,524	3% above HPI
2006 21 DEC	£287,000	£241,201	19% above HPI
2003 1 AUG	£195,000	£190,047	3% above HPI

PENSHURST 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 PENSHURST COTTAGE sales between August 2003 and June 2021 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 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is PENSHURST COTTAGE?

PENSHURST COTTAGE is 119m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westerfield, and where PENSHURST COTTAGE lies on this distribution: 12% of detached houses are smaller than PENSHURST COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

PENSHURST COTTAGE: Plot and Title Map

PENSHURST COTTAGE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of PENSHURST 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 PENSHURST 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 PENSHURST COTTAGE?

PENSHURST COTTAGE is located on COCKFIELD HALL LANE in WESTERFIELD, in the IP6 postcode district. The below map shows the position of PENSHURST COTTAGE on COCKFIELD HALL LANE.