SMITHS COTTAGE, OUSDEN, NEWMARKET, CB8 8TW - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SMITHS COTTAGE is a small extended detached house of 117m², built sometime before 1900. It was last sold for £500,000 in August 2012, which was around 87% above the average August 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

SMITHS COTTAGE Sold Prices

Land registry data shows three sales for SMITHS 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 West Suffolk local authority area for the corresponding sale date. Two of the three SMITHS 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
2012 23 AUG	£500,000	£267,212	87% above HPI
2009 4 SEP	£515,000	£236,402	118% above HPI
2000 30 NOV	£65,000	£134,773	52% below HPI

SMITHS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three SMITHS COTTAGE sales between November 2000 and August 2012 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 September 2009 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the August 2012 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is SMITHS COTTAGE?

SMITHS COTTAGE is 117m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Ousden, based on EPC data. The below chart shows the distribution of detached houses by size in Ousden, and where SMITHS COTTAGE lies on this distribution: 28% of detached houses are smaller than SMITHS COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ousden.

SMITHS COTTAGE: Plot and Title Map

SMITHS COTTAGE sits on a plot of roughly 0.664 of an acre, or 2,689m². The below map shows the location of SMITHS 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 SMITHS 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 SMITHS COTTAGE?

SMITHS COTTAGE is located in OUSDEN, in the CB8 postcode district. The below map shows the position of SMITHS COTTAGE in OUSDEN.