THE COTTAGE, THE GREEN, PALGRAVE, DISS, IP22 1AG - £258,000

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.

THE COTTAGE is a very small detached house of 95m², built sometime before 1900, which could now be worth an estimated £308,851. It was last sold for £258,000 in October 2017, which was around 32% below the average October 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was A.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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. All of the three 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
2017 25 OCT	£258,000	£380,777	32% below HPI
2012 27 APR	£215,000	£261,108	18% below HPI
2001 21 JUN	£105,000	£135,297	22% below HPI

THE 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 THE COTTAGE sales between June 2001 and October 2017 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £308,851.

This is based on house price inflation of 19.7%, between October 2017 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 19.7% inflationary increase is applied to the most recent sale price for THE COTTAGE of £258,000 on 25th October 2017. For the value to have increased from £258,000 to £308,851 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2017 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since October 2017.

How Large is THE COTTAGE?

THE COTTAGE is 95m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where THE COTTAGE lies on this distribution: 15% of detached houses houses are smaller than THE COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.023 of an acre, or 94m². 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 THE GREEN in PALGRAVE, in the IP22 postcode district. The below map shows the position of THE COTTAGE on THE GREEN.