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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Cherry Tree Cottage, Eye to be a period freehold house with 1,130 ft2 of internal area, sitting on a 805 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Cherry Tree Cottage, Eye has an estimated sale value of £368,324 and an estimated rental value of £1,372 per month, assuming reasonable condition and based on the information available.
Rackhams Corner, Fressingfield, Eye, IP21 lies in the borough of Mid Suffolk, within the IP21 postal district.
Cherry Tree Cottage, Eye has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Cherry Tree Cottage, Eye would be worth £386,740, with a potential rental value of £1,441 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £342,542, with a rental value of £1,276 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Cherry Tree Cottage, Eye has decreased by £8,598 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £38 (2.8%). The property's estimated gross yield is currently 4.5%.
Cherry Tree Cottage, Eye occupies a 805 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the largest.
Cherry Tree Cottage, Eye has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Cherry Tree Cottage, Eye last changed hands on 5th October 2022, selling for £395,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 13.4% since October 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.8 kilometres of Cherry Tree Cottage, Eye across the last 2 years.
Most recently, Hempden House, Church Street, Eye, IP21 5QB, a freehold house, sold at £410,000 on the 9th January 2025.
Read more about house prices in IP21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Cherry Tree Cottage, Eye as the 3rd largest and the most expensive of the 3 addresses on Rackhams Corner, Fressingfield, Eye, IP21.
Against the IP21 postcode district average, it is £2k more expensive than the typical property.
Halesworth station is the nearest stop to Cherry Tree Cottage, Eye at 11.6 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Cherry Tree Cottage, Eye, 55.5% of property is privately owned outright and 28.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Cherry Tree Cottage, Eye, 15.7% of residents are recorded as possessing school level qualifications and 36.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Cherry Tree Cottage, Eye, the average age was 48.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Cherry Tree Cottage, Eye, 1.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Cherry Tree Cottage, Eye, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
