PLUM COTTAGE, ASHFIELD ROAD, NORTON, BURY ST EDMUNDS, IP31 3NJ - £405,000

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

PLUM COTTAGE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £405,000 in January 2013, which was around 57% above the average January 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

PLUM COTTAGE Sold Prices

Land registry data shows two sales for PLUM 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two PLUM 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
2013 4 JAN	£405,000	£257,771	57% above HPI
2004 31 MAR	£250,000	£205,158	22% above HPI

PLUM 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 two PLUM COTTAGE sales from March 2004 and January 2013 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 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2013 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is PLUM COTTAGE?

PLUM COTTAGE is 116m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where PLUM COTTAGE lies on this distribution: 41% of detached houses are smaller than PLUM COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Norton.

PLUM COTTAGE: Plot and Title Map

PLUM COTTAGE sits on a plot of roughly 0.588 of an acre, or 2,379m². The below map shows the location of PLUM 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 PLUM 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 PLUM COTTAGE?

PLUM COTTAGE is located on ASHFIELD ROAD in NORTON, in the IP31 postcode district. The below map shows the position of PLUM COTTAGE on ASHFIELD ROAD.