2, THE OAKS, THE STREET, THORNDON, EYE, IP23 7JR - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE OAKS is a small extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £375,000 in March 2021, which was around 3% below the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE OAKS Sold Prices

Land registry data shows two sales for 2 THE OAKS 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 2 THE OAKS 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
2021 24 MAR	£375,000	£388,004	3% below HPI
2004 16 JAN	£197,000	£210,472	6% below HPI

2 THE OAKS 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 2 THE OAKS sales from January 2004 and March 2021 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 January 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 124m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Thorndon, based on EPC data. The below chart shows the distribution of detached houses by size in Thorndon, and where 2 THE OAKS lies on this distribution: 24% of detached houses are smaller than 2 THE OAKS, and 76% of houses are larger. Note that EPC data is not available for all properties in Thorndon.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 THE OAKS, 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 2 THE OAKS). 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 2 THE OAKS?

2 THE OAKS is located on THE STREET in THORNDON, in the IP23 postcode district. The below map shows the position of 2 THE OAKS on THE STREET.