1, OATFIELDS, FRESSINGFIELD, EYE, IP21 5QW - £248,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OATFIELDS is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £248,000 in November 2019, which was around 34% below the average November 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

1 OATFIELDS Sold Prices

Land registry data shows four sales for 1 OATFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 1 OATFIELDS 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
2019 20 NOV	£248,000	£373,696	34% below HPI
2010 12 NOV	£180,000	£256,172	30% below HPI
2003 18 JUL	£137,000	£198,473	31% below HPI
1998 26 JUN	£65,000	£93,174	30% below HPI

1 OATFIELDS 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 four 1 OATFIELDS sales between June 1998 and November 2019 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 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 OATFIELDS?

1 OATFIELDS is 75m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Fressingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Fressingfield, and where 1 OATFIELDS lies on this distribution: 6% of detached houses are smaller than 1 OATFIELDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Fressingfield.

1 OATFIELDS: Plot and Title Map

1 OATFIELDS sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 OATFIELDS, 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 1 OATFIELDS). 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 1 OATFIELDS?

1 OATFIELDS is located in FRESSINGFIELD, in the IP21 postcode district. The below map shows the position of No. 1 on OATFIELDS.