THE GIG HOUSE, THE STREET, OCCOLD, EYE, IP23 7PL - £310,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE GIG HOUSE is a small semi-detached house of 90m², built sometime from 2012 onwards. It was last sold for £310,000 in July 2022, which was around 27% below the average July 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was A.

THE GIG HOUSE Sold Prices

Land registry data shows two sales for THE GIG 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 THE GIG HOUSE 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
2022 27 JUL	£310,000	£425,314	27% below HPI
2011 16 MAR	£40,000	£250,352	84% below HPI

THE GIG 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 THE GIG HOUSE sales from March 2011 and July 2022 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 2011 sale was for 84% below the HPI. So the extrapolation line tracks at 84% below the HPI over time, until the July 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is THE GIG HOUSE?

THE GIG HOUSE is 90m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Occold, based on EPC data. The below chart shows the distribution of detached houses by size in Occold, and where THE GIG HOUSE lies on this distribution: 22% of detached houses are smaller than THE GIG HOUSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Occold.

THE GIG HOUSE: Plot and Title Map

THE GIG HOUSE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of THE GIG 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 THE GIG 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 THE GIG HOUSE?

THE GIG HOUSE is located on THE STREET in OCCOLD, in the IP23 postcode district. The below map shows the position of THE GIG HOUSE on THE STREET.