FUCHSIA COTTAGE, CHURCHFIELD, MONKS ELEIGH, IPSWICH, IP7 7JH - £292,000

FUCHSIA COTTAGE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £292,000 in May 2018, which was around 29% below the average May 2018 detached price in the Babergh local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

FUCHSIA COTTAGE Sold Prices

Land registry data shows two sales for FUCHSIA 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 FUCHSIA 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 17 MAY	£292,000	£410,124	29% below HPI
2016 27 JUL	£300,000	£360,228	17% below HPI

FUCHSIA 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 FUCHSIA COTTAGE sales from July 2016 and May 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 July 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is FUCHSIA COTTAGE?

FUCHSIA COTTAGE is 81m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Monks Eleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Monks Eleigh, and where FUCHSIA COTTAGE lies on this distribution: 10% of detached houses are smaller than FUCHSIA COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Monks Eleigh.

FUCHSIA COTTAGE: Plot and Title Map

FUCHSIA COTTAGE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of FUCHSIA 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 FUCHSIA 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 FUCHSIA COTTAGE?

FUCHSIA COTTAGE is located on CHURCHFIELD in MONKS ELEIGH, in the IP7 postcode district. The below map shows the position of FUCHSIA COTTAGE on CHURCHFIELD.