VERANDAH COTTAGE, RAVENS LANE, BRAMFORD, IPSWICH, IP8 4EG - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

VERANDAH COTTAGE is a small detached house of 92m², which could now be worth an estimated £407,899. It was last sold for £415,000 in April 2023, which was around 8% below the average April 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

VERANDAH COTTAGE Sold Prices

Land registry data shows three sales for VERANDAH 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. The three VERANDAH COTTAGE sales were a mix of below the average price, roughly equal to the average price, and 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
2023 12 APR	£415,000	£448,851	8% below HPI
2021 9 APR	£395,000	£396,155	Close to HPI
2013 28 MAY	£300,000	£261,406	15% above HPI

VERANDAH 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 VERANDAH COTTAGE sales between May 2013 and April 2023 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 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might VERANDAH COTTAGE be worth now?

VERANDAH COTTAGE might now be worth an estimated £407,899.

This is based on house price deflation of 1.7%, between April 2023 and December 2024, 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 1.7% deflationary decrease is applied to the most recent sale price for VERANDAH COTTAGE of £415,000 on 12th April 2023. For the value to have decreased from £415,000 to £407,899 over the four months to December 2024, the following assumptions must hold true:

• The value of VERANDAH COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2023 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of VERANDAH COTTAGE has not materially changed since April 2023.

How Large is VERANDAH COTTAGE?

VERANDAH COTTAGE is 92m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Bramford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bramford, and where VERANDAH COTTAGE lies on this distribution: 33% of detached houses houses are smaller than VERANDAH COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bramford.

VERANDAH COTTAGE: Plot and Title Map

VERANDAH COTTAGE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of VERANDAH 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 VERANDAH 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 VERANDAH COTTAGE?

VERANDAH COTTAGE is located on RAVENS LANE in BRAMFORD, in the IP8 postcode district. The below map shows the position of VERANDAH COTTAGE on RAVENS LANE.