RIVERWOOD COTTAGE, GISLINGHAM ROAD, FINNINGHAM, STOWMARKET, IP14 4JA - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RIVERWOOD COTTAGE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £335,000 in September 2022, which was around 24% below the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

RIVERWOOD COTTAGE Sold Prices

Land registry data shows three sales for RIVERWOOD 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 RIVERWOOD 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 SEP	£335,000	£438,574	24% below HPI
2018 3 JUL	£295,000	£375,088	21% below HPI
2009 15 JUN	£160,000	£221,725	28% below HPI

RIVERWOOD 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 RIVERWOOD COTTAGE sales between June 2009 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 July 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is RIVERWOOD COTTAGE?

RIVERWOOD COTTAGE is 66m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where RIVERWOOD COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than RIVERWOOD COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Finningham.

RIVERWOOD COTTAGE: Plot and Title Map

RIVERWOOD COTTAGE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of RIVERWOOD 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 RIVERWOOD 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 RIVERWOOD COTTAGE?

RIVERWOOD COTTAGE is located on GISLINGHAM ROAD in FINNINGHAM, in the IP14 postcode district. The below map shows the position of RIVERWOOD COTTAGE on GISLINGHAM ROAD.