SWAN COTTAGE, SWAN LANE, WESTERFIELD, IPSWICH, IP6 9AH - £460,000

Based on the May 2024 Price Paid Data (released on 28 June 2024), the April 2024 House Price Index (released on 19 June 2024), and the May 2024 Energy Performance of Buildings Data (released on 21 June 2024). Sources

SWAN COTTAGE is a very small extended detached house of 115m², built sometime before 1900. It was last sold for £460,000 in March 2018, which was around 35% above the average March 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was A.

SWAN COTTAGE Sold Prices

Land registry data shows two sales for SWAN 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. Both of the two SWAN 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
2018 6 MAR	£460,000	£339,832	35% above HPI
2000 24 NOV	£164,000	£118,522	38% above HPI

SWAN 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 SWAN COTTAGE sales from November 2000 and March 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 November 2000 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2018 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is SWAN COTTAGE?

SWAN COTTAGE is 115m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westerfield, and where SWAN COTTAGE lies on this distribution: 10% of detached houses are smaller than SWAN COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

SWAN COTTAGE: Plot and Title Map

SWAN COTTAGE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of SWAN 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 SWAN 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 SWAN COTTAGE?

SWAN COTTAGE is located on SWAN LANE in WESTERFIELD, in the IP6 postcode district. The below map shows the position of SWAN COTTAGE on SWAN LANE.