ROSE COTTAGE, MILL STREET, GISLINGHAM, EYE, IP23 8JT - £282,500

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

ROSE COTTAGE is a very small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £282,500 in October 2016, which was around 18% below the average October 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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 ROSE 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
2016 4 OCT	£282,500	£345,025	18% below HPI
2014 29 MAY	£165,000	£273,410	40% below HPI

ROSE 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 ROSE COTTAGE sales from May 2014 and October 2016 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 May 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 92m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where ROSE COTTAGE lies on this distribution: 15% of detached houses are smaller than ROSE COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on MILL STREET in GISLINGHAM, in the IP23 postcode district. The below map shows the position of ROSE COTTAGE on MILL STREET.