MALTING COTTAGE, HIGH STREET, BURES, CO8 5JG - £385,000

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

MALTING COTTAGE is a large extended detached house of 146m², built sometime before 1900. It was last sold for £385,000 in August 2011, which was around 37% above the average August 2011 detached price in the Babergh local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was E.

MALTING COTTAGE Sold Prices

Land registry data shows two sales for MALTING 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 Babergh local authority area for the corresponding sale date. Both of the two MALTING COTTAGE 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
2011 19 AUG	£385,000	£282,048	37% above HPI
2006 3 NOV	£339,000	£274,127	24% above HPI

MALTING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two MALTING COTTAGE sales from November 2006 and August 2011 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 November 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2011 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is MALTING COTTAGE?

MALTING COTTAGE is 146m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 30% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where MALTING COTTAGE lies on this distribution: 73% of detached houses are smaller than MALTING COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bures.

MALTING COTTAGE: Plot and Title Map

MALTING COTTAGE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of MALTING 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 MALTING 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 MALTING COTTAGE?

MALTING COTTAGE is located on HIGH STREET in BURES, in the CO8 postcode district. The below map shows the position of MALTING COTTAGE on HIGH STREET.