VINE COTTAGE, CHURCH ROAD, OTLEY, IPSWICH, IP6 9NP - £850,000

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

VINE COTTAGE is a very large extended detached house of 427m², built sometime before 1900. It was last sold for £850,000 in May 2024, which was around 102% above the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was F, and the potential energy rating was D.

VINE COTTAGE Sold Prices

Land registry data shows three sales for VINE 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 VINE 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
2024 31 MAY	£850,000	£420,877	102% above HPI
2012 29 OCT	£635,000	£253,690	150% above HPI
1996 14 AUG	£110,000	£73,808	49% above HPI

VINE 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 VINE COTTAGE sales between August 1996 and May 2024 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 October 2012 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the May 2024 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is VINE COTTAGE?

VINE COTTAGE is 427m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where VINE COTTAGE lies on this distribution: More than 99% of detached houses are smaller than VINE COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Otley.

VINE COTTAGE: Plot and Title Map

VINE COTTAGE sits on a plot of roughly 2.8 acres, or 11,200m². The below map shows the location of VINE 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 VINE 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 VINE COTTAGE?

VINE COTTAGE is located on CHURCH ROAD in OTLEY, in the IP6 postcode district. The below map shows the position of VINE COTTAGE on CHURCH ROAD.