OLD CHIMNEYS, MILL ROAD, OCCOLD, EYE, IP23 7PN - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OLD CHIMNEYS is a large extended detached house of 130m², built sometime before 1900, which could now be worth an estimated £473,880. It was last sold for £440,000 in November 2021, which was around 4% above the average November 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

OLD CHIMNEYS Sold Prices

Land registry data shows two sales for OLD CHIMNEYS 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. One of the two OLD CHIMNEYS sales was for above the average price, whilst the other 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
2021 25 NOV	£440,000	£423,238	4% above HPI
2015 16 APR	£270,000	£310,991	13% below HPI

OLD CHIMNEYS 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 OLD CHIMNEYS sales from April 2015 and November 2021 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 April 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might OLD CHIMNEYS be worth now?

OLD CHIMNEYS might now be worth an estimated £473,880.

This is based on house price inflation of 7.7%, between November 2021 and February 2025, 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 7.7% inflationary increase is applied to the most recent sale price for OLD CHIMNEYS of £440,000 on 25th November 2021. For the value to have increased from £440,000 to £473,880 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of OLD CHIMNEYS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of OLD CHIMNEYS has not materially changed since November 2021.

How Large is OLD CHIMNEYS?

OLD CHIMNEYS is 130m², which includes four extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Occold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Occold, and where OLD CHIMNEYS lies on this distribution: 64% of detached houses houses are smaller than OLD CHIMNEYS, and 36% of houses are larger. Note that EPC data is not available for all properties in Occold.

OLD CHIMNEYS: Plot and Title Map

OLD CHIMNEYS sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of OLD CHIMNEYS, 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 OLD CHIMNEYS). 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 OLD CHIMNEYS?

OLD CHIMNEYS is located on MILL ROAD in OCCOLD, in the IP23 postcode district. The below map shows the position of OLD CHIMNEYS on MILL ROAD.