TOWER COTTAGE, PALMERS LANE, WALBERSWICK, SOUTHWOLD, IP18 6TQ - £800,000

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

TOWER COTTAGE is a very small detached house of 78m², built sometime between 1900 and 1929. It was last sold for £800,000 in October 2020, which was around 114% above the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was E.

TOWER COTTAGE Sold Prices

Land registry data shows three sales for TOWER 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 TOWER 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
2020 5 OCT	£800,000	£373,131	114% above HPI
2004 11 MAY	£450,000	£211,686	113% above HPI
2000 1 SEP	£222,000	£119,747	85% above HPI

TOWER 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 TOWER COTTAGE sales between September 2000 and October 2020 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 May 2004 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the October 2020 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is TOWER COTTAGE?

TOWER COTTAGE is 78m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where TOWER COTTAGE lies on this distribution: 2% of detached houses are smaller than TOWER COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Walberswick.

TOWER COTTAGE: Plot and Title Map

TOWER COTTAGE sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of TOWER 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 TOWER 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 TOWER COTTAGE?

TOWER COTTAGE is located on PALMERS LANE in WALBERSWICK, in the IP18 postcode district. The below map shows the position of TOWER COTTAGE on PALMERS LANE.