THE COTTAGE, HIGH STREET, BURES, CO8 5JG - £400,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

THE COTTAGE is a very large extended detached house of 209m², built sometime before 1900. It was last sold for £400,000 in August 2014, which was around 25% above the average August 2014 detached price in the Babergh local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 Babergh local authority area for the corresponding sale date. All of the three THE 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
2014 13 AUG	£400,000	£321,260	25% above HPI
2012 22 MAR	£390,000	£284,561	37% above HPI
2007 19 JAN	£390,000	£280,642	39% above HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three THE COTTAGE sales between January 2007 and August 2014 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 2012 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2014 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 209m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where THE COTTAGE lies on this distribution: 94% of detached houses are smaller than THE COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bures.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on HIGH STREET in BURES, in the CO8 postcode district. The below map shows the position of THE COTTAGE on HIGH STREET.