PEREGRINE COTTAGE, THE COMMON, MELLIS, EYE, IP23 8DU - £395,000

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

PEREGRINE COTTAGE is a very small detached house of 117m², built sometime between 1976 and 1982. It was last sold for £395,000 in September 2014, which was around 35% above the average September 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

PEREGRINE COTTAGE Sold Prices

Land registry data shows two sales for PEREGRINE 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 PEREGRINE 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
2014 24 SEP	£395,000	£291,647	35% above HPI
2011 28 APR	£348,000	£247,974	40% above HPI

PEREGRINE 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 PEREGRINE COTTAGE sales from April 2011 and September 2014 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 April 2011 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2014 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is PEREGRINE COTTAGE?

PEREGRINE COTTAGE is 117m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Mellis, based on EPC data. The below chart shows the distribution of detached houses by size in Mellis, and where PEREGRINE COTTAGE lies on this distribution: 18% of detached houses are smaller than PEREGRINE COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mellis.

PEREGRINE COTTAGE: Plot and Title Map

PEREGRINE COTTAGE sits on a plot of roughly 0.432 of an acre, or 1,749m². The below map shows the location of PEREGRINE 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 PEREGRINE 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 PEREGRINE COTTAGE?

PEREGRINE COTTAGE is located on THE COMMON in MELLIS, in the IP23 postcode district. The below map shows the position of PEREGRINE COTTAGE on THE COMMON.