WELL COTTAGE, HALF MOON LANE, REDGRAVE, DISS, IP22 1RX - £460,000

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

WELL COTTAGE is a midsized extended detached house of 146m², built sometime before 1900. It was last sold for £460,000 in February 2021, which was around 17% above the average February 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

WELL COTTAGE Sold Prices

Land registry data shows four sales for WELL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four WELL 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
2021 26 FEB	£460,000	£391,984	17% above HPI
2018 26 OCT	£452,500	£372,264	22% above HPI
2013 12 JUL	£370,000	£252,232	47% above HPI
2000 10 NOV	£175,000	£131,223	33% above HPI

WELL 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 four WELL COTTAGE sales between November 2000 and February 2021 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 2018 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is WELL COTTAGE?

WELL COTTAGE is 146m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% of detached houses in Redgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Redgrave, and where WELL COTTAGE lies on this distribution: 45% of detached houses are smaller than WELL COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Redgrave.

WELL COTTAGE: Plot and Title Map

WELL COTTAGE sits on a plot of roughly 0.322 of an acre, or 1,302m². The below map shows the location of WELL 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 WELL 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 WELL COTTAGE?

WELL COTTAGE is located on HALF MOON LANE in REDGRAVE, in the IP22 postcode district. The below map shows the position of WELL COTTAGE on HALF MOON LANE.