PARK COTTAGE, PARK LANE, ALDEBURGH, IP15 5HP - £1,200,000

PARK COTTAGE is a large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £1,200,000 in May 2022, which was around 168% above the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

PARK COTTAGE Sold Prices

Land registry data shows two sales for PARK 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 East Suffolk local authority area for the corresponding sale date. One of the two PARK COTTAGE sales was for above the average price, whilst the other was 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
2022 13 MAY	£1,200,000	£446,943	168% above HPI
1998 26 FEB	£72,000	£84,540	15% below HPI

PARK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two PARK COTTAGE sales from February 1998 and May 2022 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 February 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2022 sale, where it rises to 168% above the HPI. The line then continues to track at 168% above the HPI.

How Large is PARK COTTAGE?

PARK COTTAGE is 176m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where PARK COTTAGE lies on this distribution: 74% of detached houses are smaller than PARK COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of PARK 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 PARK 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 PARK COTTAGE?

PARK COTTAGE is located on PARK LANE in ALDEBURGH, in the IP15 postcode district. The below map shows the position of PARK COTTAGE on PARK LANE.