SHIRE COTTAGE, FENNS MEADOW, COMBS, STOWMARKET, IP14 2RN - £387,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SHIRE COTTAGE is a midsized detached house of 153m², built sometime between 2003 and 2006, which could now be worth an estimated £435,199. It was last sold for £387,000 in January 2021, which was around 5% below the average January 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

SHIRE COTTAGE Sold Prices

Land registry data shows three sales for SHIRE 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. One of the three SHIRE COTTAGE sales was for below the average price, whilst two 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
2021 20 JAN	£387,000	£405,343	5% below HPI
2012 26 APR	£318,000	£261,108	22% above HPI
2005 27 JUL	£280,000	£240,339	17% above HPI

SHIRE 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 SHIRE COTTAGE sales between July 2005 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 April 2012 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might SHIRE COTTAGE be worth now?

SHIRE COTTAGE might now be worth an estimated £435,199.

This is based on house price inflation of 12.5%, between January 2021 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.5% inflationary increase is applied to the most recent sale price for SHIRE COTTAGE of £387,000 on 20th January 2021. For the value to have increased from £387,000 to £435,199 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of SHIRE COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2021 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of SHIRE COTTAGE has not materially changed since January 2021.

How Large is SHIRE COTTAGE?

SHIRE COTTAGE is 153m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses houses in Combs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Combs, and where SHIRE COTTAGE lies on this distribution: 54% of detached houses houses are smaller than SHIRE COTTAGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Combs.

SHIRE COTTAGE: Plot and Title Map

SHIRE COTTAGE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of SHIRE 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 SHIRE 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 SHIRE COTTAGE?

SHIRE COTTAGE is located on FENNS MEADOW in COMBS, in the IP14 postcode district. The below map shows the position of SHIRE COTTAGE on FENNS MEADOW.