MAPLE COTTAGE, THE STREET, NORTON, BURY ST EDMUNDS, IP31 3LY - £270,000

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

MAPLE COTTAGE is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £270,000 in November 2023, which was around 36% below the average November 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was F, and the potential energy rating was D.

MAPLE COTTAGE Sold Prices

Land registry data shows four sales for MAPLE COTTAGE 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 MAPLE 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
2023 10 NOV	£270,000	£422,466	36% below HPI
2015 12 JUN	£155,000	£300,795	48% below HPI
1999 14 OCT	£62,000	£114,231	46% below HPI
1997 15 DEC	£50,000	£91,179	45% below HPI

MAPLE 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 four MAPLE COTTAGE sales between December 1997 and November 2023 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 June 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is MAPLE COTTAGE?

MAPLE COTTAGE is 56m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where MAPLE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than MAPLE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Norton.

MAPLE COTTAGE: Plot and Title Map

MAPLE COTTAGE sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of MAPLE 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 MAPLE 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 MAPLE COTTAGE?

MAPLE COTTAGE is located on THE STREET in NORTON, in the IP31 postcode district. The below map shows the position of MAPLE COTTAGE on THE STREET.