DRUMMORE, REDLINGFIELD ROAD, OCCOLD, EYE, IP23 7PG - £770,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DRUMMORE is a very large detached house of 294m², built sometime between 1983 and 1990, which could now be worth an estimated £756,732. It was last sold for £770,000 in September 2022, which was around 72% above the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

DRUMMORE Sold Prices

Land registry data shows four sales for DRUMMORE 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 DRUMMORE 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 26 SEP	£770,000	£448,906	72% above HPI
2005 20 OCT	£455,000	£239,975	90% above HPI
1999 30 JUL	£110,000	£107,037	3% above HPI
1998 14 SEP	£112,000	£104,201	7% above HPI

DRUMMORE 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 DRUMMORE sales between September 1998 and September 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 October 2005 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2022 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might DRUMMORE be worth now?

DRUMMORE might now be worth an estimated £756,732.

This is based on house price deflation of 1.7%, between September 2022 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% deflationary decrease is applied to the most recent sale price for DRUMMORE of £770,000 on 26th September 2022. For the value to have decreased from £770,000 to £756,732 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of DRUMMORE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2022 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of DRUMMORE has not materially changed since September 2022.

How Large is DRUMMORE?

DRUMMORE is 294m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Occold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Occold, and where DRUMMORE lies on this distribution: More than 99% of detached houses houses are smaller than DRUMMORE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Occold.

DRUMMORE: Plot and Title Map

DRUMMORE sits on a plot of roughly 0.447 of an acre, or 1,810m². The below map shows the location of DRUMMORE, 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 DRUMMORE). 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 DRUMMORE?

DRUMMORE is located on REDLINGFIELD ROAD in OCCOLD, in the IP23 postcode district. The below map shows the position of DRUMMORE on REDLINGFIELD ROAD.