WALNUT TREE COTTAGE, CHAPEL LANE, LOWER SOMERSHAM, IPSWICH, IP8 4QE - £434,000

WALNUT TREE COTTAGE is a large extended detached house of 156m², built sometime before 1900. It was last sold for £434,000 in October 2020, which was around 14% above the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was A.

WALNUT TREE COTTAGE Sold Prices

Land registry data shows two sales for WALNUT TREE 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two WALNUT TREE 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 9 OCT	£434,000	£381,936	14% above HPI
2020 28 AUG	£440,000	£369,411	19% above HPI

WALNUT TREE 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 two WALNUT TREE COTTAGE sales from August 2020 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 August 2020 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is 156m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where WALNUT TREE COTTAGE lies on this distribution: 77% of detached houses are smaller than WALNUT TREE COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Somersham.

WALNUT TREE COTTAGE: Plot and Title Map

WALNUT TREE COTTAGE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of WALNUT TREE 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 WALNUT TREE 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 WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is located on CHAPEL LANE in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of WALNUT TREE COTTAGE on CHAPEL LANE.