Pennys Cottage Water Run

    PENNYS COTTAGE, WATER RUN, HITCHAM, IPSWICH, IP7 7LN

    This terraced freehold property on Water Run last sold in March 2019 for £280,000. Based on price growth in the IP7 district since then, its estimated current value is £331,895 — placing it in the 56th percentile nationally and the 40th percentile within IP7. The property covers 82 m² (883 sq ft), giving an estimated value of £4,048 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £280,000

    Mar 2019

    Estimated Valuation

    £331,895

    Est. £/sq ft

    £376/sq ft

    £4,048/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms4
    Main fueloil (not community)
    EPC currentC
    EPC potentialA
    Floor area883 sq ft (82 m²)
    EPC dateJul 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    25 Mar 2019

    £280,000

    6 Dec 2013

    £220,000

    21 Dec 2006

    £180,000

    Key Metrics

    Estimated valuation£331,895
    Value per sq ft / m²£376/sq ft (£4,048/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP7 district percentile40th percentile
    National percentile56th percentile

    District Context — IP7

    IP7 covers the mid-Suffolk area, positioned between Norwich and the central market towns of the region. It is a predominantly rural district with a settled, older demographic and a focus on established residential communities.

    Average Property Price - IP7

    £418,974

    70

    National percentile

    Average Net Household Income - IP7

    £41,537

    64

    National percentile

    10-Year Annualised Price Growth - IP7

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP7

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