CORNER COTTAGE, JACKS LANE, COMBS, STOWMARKET, IP14 2NG - £316,000

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.

CORNER COTTAGE is a small extended detached house of 98m², built sometime before 1900, which could now be worth an estimated £542,732. It was last sold for £316,000 in February 2013, which was around 22% above the average February 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

CORNER COTTAGE Sold Prices

Land registry data shows six sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the six CORNER 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 22 FEB	£316,000	£259,107	22% above HPI
2011 6 APR	£280,000	£253,816	10% above HPI
2010 10 DEC	£340,000	£263,886	29% above HPI
2005 25 FEB	£277,000	£230,961	20% above HPI
1997 14 NOV	£85,000	£92,208	8% below HPI
1997 14 FEB	£66,000	£85,411	23% below HPI

CORNER 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 six CORNER COTTAGE sales between February 1997 and February 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 April 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2013 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £542,732.

This is based on house price inflation of 71.8%, between February 2013 and May 2026, 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 71.8% inflationary increase is applied to the most recent sale price for CORNER COTTAGE of £316,000 on 22nd February 2013. For the value to have increased from £316,000 to £542,732 over the twelve years and nine months to May 2026, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2013 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since February 2013.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 98m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses houses in Combs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Combs, and where CORNER COTTAGE lies on this distribution: 28% of detached houses houses are smaller than CORNER COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Combs.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on JACKS LANE in COMBS, in the IP14 postcode district. The below map shows the position of CORNER COTTAGE on JACKS LANE.