VIRGINIA COTTAGE, MASONS LANE, WOOLPIT, BURY ST EDMUNDS, IP30 9QW - £228,500

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

VIRGINIA COTTAGE is a very small extended detached house of 62m², built sometime before 1900, which could now be worth an estimated £270,447. It was last sold for £228,500 in September 2018, which was around 41% below the average September 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

VIRGINIA COTTAGE Sold Prices

Land registry data shows three sales for VIRGINIA 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 VIRGINIA 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
2018 14 SEP	£228,500	£385,127	41% below HPI
2017 27 FEB	£155,000	£359,139	57% below HPI
2000 26 JAN	£95,000	£115,630	18% below HPI

VIRGINIA 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 VIRGINIA COTTAGE sales between January 2000 and September 2018 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 February 2017 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might VIRGINIA COTTAGE be worth now?

VIRGINIA COTTAGE might now be worth an estimated £270,447.

This is based on house price inflation of 18.4%, between September 2018 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 18.4% inflationary increase is applied to the most recent sale price for VIRGINIA COTTAGE of £228,500 on 14th September 2018. For the value to have increased from £228,500 to £270,447 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of VIRGINIA COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2018 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of VIRGINIA COTTAGE has not materially changed since September 2018.

How Large is VIRGINIA COTTAGE?

VIRGINIA COTTAGE is 62m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolpit, and where VIRGINIA COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than VIRGINIA COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

VIRGINIA COTTAGE: Plot and Title Map

VIRGINIA COTTAGE sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of VIRGINIA 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 VIRGINIA 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 VIRGINIA COTTAGE?

VIRGINIA COTTAGE is located on MASONS LANE in WOOLPIT, in the IP30 postcode district. The below map shows the position of VIRGINIA COTTAGE on MASONS LANE.