WOOD SPRITE COTTAGE, GISLINGHAM ROAD, FINNINGHAM, STOWMARKET, IP14 4HZ - £340,000

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

WOOD SPRITE COTTAGE is a very small extended detached house of 121m², built sometime between 2003 and 2006. It was last sold for £340,000 in July 2013, which was around 35% above the average July 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

WOOD SPRITE COTTAGE Sold Prices

Land registry data shows two sales for WOOD SPRITE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two WOOD SPRITE 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
2013 10 JUL	£340,000	£252,232	35% above HPI
2003 28 OCT	£232,500	£210,805	10% above HPI

WOOD SPRITE 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 two WOOD SPRITE COTTAGE sales from October 2003 and July 2013 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2013 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is WOOD SPRITE COTTAGE?

WOOD SPRITE COTTAGE is 121m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where WOOD SPRITE COTTAGE lies on this distribution: 13% of detached houses are smaller than WOOD SPRITE COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Finningham.

WOOD SPRITE COTTAGE: Plot and Title Map

WOOD SPRITE COTTAGE sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of WOOD SPRITE 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 WOOD SPRITE 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 WOOD SPRITE COTTAGE?

WOOD SPRITE COTTAGE is located on GISLINGHAM ROAD in FINNINGHAM, in the IP14 postcode district. The below map shows the position of WOOD SPRITE COTTAGE on GISLINGHAM ROAD.