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
4 CEDARS CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £490,000 in July 2022, which was around 15% above the average July 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 4 CEDARS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the five 4 CEDARS CLOSE 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 |
---|---|---|---|
2022 28 JUL | £490,000 | £425,314 | 15% above HPI |
2014 13 JAN | £283,000 | £275,529 | 3% above HPI |
2010 27 AUG | £248,000 | £260,185 | 5% below HPI |
2010 22 APR | £227,700 | £259,600 | 12% below HPI |
1996 2 OCT | £97,000 | £82,336 | 18% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The five 4 CEDARS CLOSE sales between October 1996 and July 2022 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 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
4 CEDARS CLOSE is 71m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Occold, based on EPC data. The below chart shows the distribution of detached houses by size in Occold, and where 4 CEDARS CLOSE lies on this distribution: 2% of detached houses are smaller than 4 CEDARS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Occold.
4 CEDARS CLOSE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 4 CEDARS CLOSE, 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 4 CEDARS CLOSE). 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.
4 CEDARS CLOSE is located in OCCOLD, in the IP23 postcode district. The below map shows the position of No. 4 on CEDARS CLOSE.