ORCHARD COTTAGE, CHURCH LANE, NORTON, BURY ST. EDMUNDS, IP31 3NB - £80,000

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

ORCHARD COTTAGE is a very small extended detached house of 66m², built sometime between 1991 and 1995. It was last sold for £80,000 in August 1999, which was around 25% below the average August 1999 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

ORCHARD COTTAGE Sold Prices

Land registry data shows three sales for ORCHARD 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. All of the three ORCHARD 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
1999 23 AUG	£80,000	£106,229	25% below HPI
1997 21 MAR	£60,500	£83,219	27% below HPI
1995 31 MAY	£58,150	£76,552	24% below HPI

ORCHARD 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 ORCHARD COTTAGE sales between May 1995 and August 1999 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 March 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 1999 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 66m², which includes two extensions, according to the EPC inspection conducted in July 2014. 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 ORCHARD COTTAGE lies on this distribution: 3% of detached houses are smaller than ORCHARD COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Norton.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on CHURCH LANE in NORTON, in the IP31 postcode district. The below map shows the position of ORCHARD COTTAGE on CHURCH LANE.