LABURNUM COTTAGE, THE STREET, OCCOLD, EYE, IP23 7PW - £250,000

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

LABURNUM COTTAGE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £250,000 in January 2008, which was around 13% below the average January 2008 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.

LABURNUM COTTAGE Sold Prices

Land registry data shows two sales for LABURNUM COTTAGE 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 LABURNUM COTTAGE 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
2008 31 JAN	£250,000	£285,877	13% below HPI
1998 11 DEC	£81,000	£100,694	20% below HPI

LABURNUM COTTAGE 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 LABURNUM COTTAGE sales from December 1998 and January 2008 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 December 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2008 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might LABURNUM COTTAGE be worth now?

LABURNUM COTTAGE might now be worth an estimated £385,805.

This is based on house price inflation of 54.3%, between January 2008 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 54.3% inflationary increase is applied to the most recent sale price for LABURNUM COTTAGE of £250,000 on 31st January 2008. For the value to have increased from £250,000 to £385,805 over the fifteen years and one month to December 2024, the following assumptions must hold true:

• The value of LABURNUM COTTAGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2008 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM COTTAGE has not materially changed since January 2008.

How Large is LABURNUM COTTAGE?

LABURNUM COTTAGE is 100m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% 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 LABURNUM COTTAGE lies on this distribution: 40% of detached houses houses are smaller than LABURNUM COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Occold.

LABURNUM COTTAGE: Plot and Title Map

LABURNUM COTTAGE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of LABURNUM COTTAGE, 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 LABURNUM COTTAGE). 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 LABURNUM COTTAGE?

LABURNUM COTTAGE is located on THE STREET in OCCOLD, in the IP23 postcode district. The below map shows the position of LABURNUM COTTAGE on THE STREET.