1, MILL GARDENS, WOODTON, BUNGAY, NR35 2NR - £350,000

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

1 MILL GARDENS is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2023, which was around 13% below the average October 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was F, and the potential energy rating was D.

1 MILL GARDENS Sold Prices

Land registry data shows two sales for 1 MILL GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 1 MILL GARDENS 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
2023 3 OCT	£350,000	£403,445	13% below HPI
1997 11 AUG	£79,500	£80,020	1% below HPI

1 MILL GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 MILL GARDENS sales from August 1997 and October 2023 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 August 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 MILL GARDENS?

1 MILL GARDENS is 131m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where 1 MILL GARDENS lies on this distribution: 52% of detached houses are smaller than 1 MILL GARDENS, and 48% of houses are larger. Note that EPC data is not available for all properties in Woodton.

1 MILL GARDENS: Plot and Title Map

1 MILL GARDENS sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 1 MILL GARDENS, 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 1 MILL GARDENS). 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 1 MILL GARDENS?

1 MILL GARDENS is located in WOODTON, in the NR35 postcode district. The below map shows the position of No. 1 on MILL GARDENS.