ALBERT COTTAGE, PINMILL, IPSWICH, IP9 1JT - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ALBERT COTTAGE is a very large extended detached house of 194m², built sometime before 1900, which could now be worth an estimated £831,352. It was last sold for £450,000 in May 2006, which was around 74% above the average May 2006 detached price in the Babergh local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

ALBERT COTTAGE Sold Prices

Land registry data shows two sales for ALBERT 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 Babergh local authority area for the corresponding sale date. Both of the two ALBERT 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
2006 23 MAY	£450,000	£258,562	74% above HPI
2006 22 MAY	£450,000	£258,562	74% above HPI

ALBERT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two ALBERT COTTAGE sales from May 2006 and May 2006 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 May 2006 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2006 sale, which was also at 74% above the HPI.

What might ALBERT COTTAGE be worth now?

ALBERT COTTAGE might now be worth an estimated £831,352.

This is based on house price inflation of 84.7%, between May 2006 and May 2026, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.7% inflationary increase is applied to the most recent sale price for ALBERT COTTAGE of £450,000 on 23rd May 2006. For the value to have increased from £450,000 to £831,352 over the twenty years to May 2026, the following assumptions must hold true:

• The value of ALBERT COTTAGE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The May 2006 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of ALBERT COTTAGE has not materially changed since May 2006.

How Large is ALBERT COTTAGE?

ALBERT COTTAGE is 194m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmondiston, and where ALBERT COTTAGE lies on this distribution: 83% of detached houses houses are smaller than ALBERT COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

ALBERT COTTAGE: Plot and Title Map

ALBERT COTTAGE sits on a plot of roughly 1.0 acres, or 4,205m². The below map shows the location of ALBERT 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 ALBERT 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 ALBERT COTTAGE?

ALBERT COTTAGE is located in PINMILL, in the IP9 postcode district. The below map shows the position of ALBERT COTTAGE in PINMILL.