THE COTTAGE, HUNGATE LANE, BECCLES, NR34 9TN - £190,000

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

THE COTTAGE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £190,000 in July 2014, which was around 31% below the average July 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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 East Suffolk local authority area for the corresponding sale date. Both of the two THE 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
2014 30 JUL	£190,000	£274,314	31% below HPI
2001 17 DEC	£129,500	£143,290	10% below HPI

THE 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 two THE COTTAGE sales from December 2001 and July 2014 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 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 83m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where THE COTTAGE lies on this distribution: 40% of detached houses are smaller than THE COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Beccles.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on HUNGATE LANE in BECCLES, in the NR34 postcode district. The below map shows the position of THE COTTAGE on HUNGATE LANE.