OAK TREE HOUSE, CASTLETON WAY, EYE, IP23 7BJ - £387,500

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

OAK TREE HOUSE is a very large detached house of 188m², built sometime between 1996 and 2002, which could now be worth an estimated £509,835. It was last sold for £387,500 in February 2016, which was around 16% above the average February 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

OAK TREE HOUSE Sold Prices

Land registry data shows two sales for OAK TREE HOUSE 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 OAK TREE HOUSE 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
2016 25 FEB	£387,500	£335,312	16% above HPI
2001 21 FEB	£187,500	£135,489	38% above HPI

OAK TREE HOUSE 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 OAK TREE HOUSE sales from February 2001 and February 2016 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 February 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might OAK TREE HOUSE be worth now?

OAK TREE HOUSE might now be worth an estimated £509,835.

This is based on house price inflation of 31.6%, between February 2016 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 31.6% inflationary increase is applied to the most recent sale price for OAK TREE HOUSE of £387,500 on 25th February 2016. For the value to have increased from £387,500 to £509,835 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of OAK TREE HOUSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2016 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE HOUSE has not materially changed since February 2016.

How Large is OAK TREE HOUSE?

OAK TREE HOUSE is 188m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses houses in Eye, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eye, and where OAK TREE HOUSE lies on this distribution: 92% of detached houses houses are smaller than OAK TREE HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Eye.

OAK TREE HOUSE: Plot and Title Map

OAK TREE HOUSE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of OAK TREE HOUSE, 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 TREE HOUSE). 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 TREE HOUSE?

OAK TREE HOUSE is located on CASTLETON WAY in EYE, in the IP23 postcode district. The below map shows the position of OAK TREE HOUSE on CASTLETON WAY.