OAK COTTAGE, LANGTON GREEN, EYE, IP23 7HL - £435,000

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

OAK COTTAGE is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £435,000 in November 2017, which was around 19% above the average November 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows three sales for OAK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three OAK COTTAGE sales were for above the average price, whilst one was 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
2017 30 NOV	£435,000	£365,046	19% above HPI
2000 20 APR	£175,000	£118,591	48% above HPI
1999 23 AUG	£22,000	£106,229	79% below HPI

OAK 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 three OAK COTTAGE sales between August 1999 and November 2017 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 April 2000 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2017 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 176m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Eye, based on EPC data. The below chart shows the distribution of detached houses by size in Eye, and where OAK COTTAGE lies on this distribution: 88% of detached houses are smaller than OAK COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Eye.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.419 of an acre, or 1,694m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on LANGTON GREEN in EYE, in the IP23 postcode district. The below map shows the position of OAK COTTAGE on LANGTON GREEN.