THATCHED COTTAGE, THE COMMON, LAVENHAM, SUDBURY, CO10 9RL - £319,000

THATCHED COTTAGE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £319,000 in December 2016, which was around 17% below the average December 2016 detached price in the Babergh local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

THATCHED COTTAGE Sold Prices

Land registry data shows three sales for THATCHED COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three THATCHED 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
2016 5 DEC	£319,000	£386,561	17% below HPI
2014 22 AUG	£249,999	£321,260	22% below HPI
2009 19 MAR	£135,000	£234,123	42% below HPI

THATCHED 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 three THATCHED COTTAGE sales between March 2009 and December 2016 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 August 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THATCHED COTTAGE?

THATCHED COTTAGE is 60m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Lavenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lavenham, and where THATCHED COTTAGE lies on this distribution: 2% of detached houses are smaller than THATCHED COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

THATCHED COTTAGE: Plot and Title Map

THATCHED COTTAGE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of THATCHED 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 THATCHED 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 THATCHED COTTAGE?

THATCHED COTTAGE is located on THE COMMON in LAVENHAM, in the CO10 postcode district. The below map shows the position of THATCHED COTTAGE on THE COMMON.