JASMINE COTTAGE, 6, GREAT BACK LANE, DEBENHAM, STOWMARKET, IP14 6RD - £385,000

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.

JASMINE COTTAGE is a midsized detached house of 131m², built sometime before 1900, which could now be worth an estimated £435,387. It was last sold for £385,000 in October 2020, which was around 2% below the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was D.

JASMINE COTTAGE Sold Prices

Land registry data shows six sales for JASMINE 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 JASMINE 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
2020 20 OCT	£385,000	£390,933	2% below HPI
2014 22 DEC	£350,000	£300,741	16% above HPI
2013 13 SEP	£320,000	£270,067	18% above HPI
2006 12 DEC	£305,000	£264,118	15% above HPI
2001 4 JUL	£179,950	£139,744	29% above HPI
1999 10 SEP	£145,000	£113,063	28% above HPI

JASMINE 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 JASMINE COTTAGE sales between September 1999 and October 2020 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 December 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might JASMINE COTTAGE be worth now?

JASMINE COTTAGE might now be worth an estimated £435,387.

This is based on house price inflation of 13.1%, between October 2020 and October 2025, 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 13.1% inflationary increase is applied to the most recent sale price for JASMINE COTTAGE of £385,000 on 20th October 2020. For the value to have increased from £385,000 to £435,387 over the five years to October 2025, the following assumptions must hold true:

• The value of JASMINE COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE COTTAGE has not materially changed since October 2020.

How Large is JASMINE COTTAGE?

JASMINE COTTAGE is 131m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Debenham, and where JASMINE COTTAGE lies on this distribution: 59% of detached houses houses are smaller than JASMINE COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Debenham.

JASMINE COTTAGE: Plot and Title Map

JASMINE COTTAGE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE COTTAGE?

JASMINE COTTAGE is located on GREAT BACK LANE in DEBENHAM, in the IP14 postcode district. The below map shows the position of JASMINE COTTAGE on GREAT BACK LANE.