SADDLERS COTTAGE, THE COMMON, MELLIS, EYE, IP23 8EB - £410,000

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

SADDLERS COTTAGE is a midsized extended detached house of 161m², built sometime from 2007 onwards. It was last sold for £410,000 in January 2021, which was around 4% above the average January 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

SADDLERS COTTAGE Sold Prices

Land registry data shows three sales for SADDLERS 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. Two of the three SADDLERS COTTAGE sales were for above the average price, whilst one was 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
2021 14 JAN	£410,000	£396,014	4% above HPI
2013 30 AUG	£307,500	£257,172	20% above HPI
2001 21 DEC	£138,000	£157,799	13% below HPI

SADDLERS 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 SADDLERS COTTAGE sales between December 2001 and January 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 August 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is SADDLERS COTTAGE?

SADDLERS COTTAGE is 161m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Mellis, based on EPC data. The below chart shows the distribution of detached houses by size in Mellis, and where SADDLERS COTTAGE lies on this distribution: 49% of detached houses are smaller than SADDLERS COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Mellis.

SADDLERS COTTAGE: Plot and Title Map

SADDLERS COTTAGE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of SADDLERS 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 SADDLERS 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 SADDLERS COTTAGE?

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