TEY COTTAGE, CHURCH LANE, WHATFIELD, IPSWICH, IP7 6QR - £300,000

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

TEY COTTAGE is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £300,000 in January 2015, which was around 8% below the average January 2015 detached price in the Babergh local authority area. The most recent EPC inspection was June 2023, where the current energy rating was F, and the potential energy rating was D.

TEY COTTAGE Sold Prices

Land registry data shows three sales for TEY 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 Babergh local authority area for the corresponding sale date. Two of the three TEY COTTAGE sales were for below the average price, whilst one was 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 30 JAN	£300,000	£325,107	8% below HPI
2005 20 DEC	£245,000	£251,588	3% below HPI
1996 1 OCT	£89,000	£87,073	2% above HPI

TEY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three TEY COTTAGE sales between October 1996 and January 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 December 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is TEY COTTAGE?

TEY COTTAGE is 85m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Whatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Whatfield, and where TEY COTTAGE lies on this distribution: 9% of detached houses are smaller than TEY COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Whatfield.

TEY COTTAGE: Plot and Title Map

TEY COTTAGE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of TEY 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 TEY 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 TEY COTTAGE?

TEY COTTAGE is located on CHURCH LANE in WHATFIELD, in the IP7 postcode district. The below map shows the position of TEY COTTAGE on CHURCH LANE.