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

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

LABURNUM COTTAGE is a midsized extended detached house of 100m², built sometime before 1900. It was last sold for £250,000 in January 2008, which was around 10% 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	£279,298	10% below HPI
1998 11 DEC	£81,000	£98,377	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2008 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

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 50% of detached houses in Occold, based on EPC data. The below chart shows the distribution of detached houses by size in Occold, and where LABURNUM COTTAGE lies on this distribution: 40% of detached 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 0.067 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.