SAND PIT COTTAGE, PRIORY ROAD, SNAPE, SAXMUNDHAM, IP17 1SD - £415,000

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

SAND PIT COTTAGE is a large extended detached house of 174m², built sometime before 1900. It was last sold for £415,000 in June 2015, which was around 40% above the average June 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was A.

SAND PIT COTTAGE Sold Prices

Land registry data shows three sales for SAND PIT 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 SAND PIT 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
2015 29 JUN	£415,000	£296,524	40% above HPI
2003 28 FEB	£322,000	£178,688	80% above HPI
2000 7 JUL	£249,950	£116,099	115% above HPI

SAND PIT 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 SAND PIT COTTAGE sales between July 2000 and June 2015 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 February 2003 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is SAND PIT COTTAGE?

SAND PIT COTTAGE is 174m², which includes four extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where SAND PIT COTTAGE lies on this distribution: 76% of detached houses are smaller than SAND PIT COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Snape.

SAND PIT COTTAGE: Plot and Title Map

SAND PIT COTTAGE sits on a plot of roughly 0.242 of an acre, or 978m². The below map shows the location of SAND PIT 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 SAND PIT 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 SAND PIT COTTAGE?

SAND PIT COTTAGE is located on PRIORY ROAD in SNAPE, in the IP17 postcode district. The below map shows the position of SAND PIT COTTAGE on PRIORY ROAD.