1, PILGRIMS WAY, BUNGAY, NR35 1HL - £160,000

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.

1 PILGRIMS WAY is a very small extended detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £266,769. It was last sold for £160,000 in October 2012, which was around 37% below the average October 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

1 PILGRIMS WAY Sold Prices

Land registry data shows two sales for 1 PILGRIMS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 PILGRIMS WAY 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
2012 4 OCT	£160,000	£253,730	37% below HPI
1998 13 MAR	£40,000	£83,330	52% below HPI

1 PILGRIMS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 1 PILGRIMS WAY sales from March 1998 and October 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 March 1998 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2012 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 PILGRIMS WAY be worth now?

1 PILGRIMS WAY might now be worth an estimated £266,769.

This is based on house price inflation of 66.7%, between October 2012 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.7% inflationary increase is applied to the most recent sale price for 1 PILGRIMS WAY of £160,000 on 4th October 2012. For the value to have increased from £160,000 to £266,769 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 PILGRIMS WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PILGRIMS WAY has not materially changed since October 2012.

How Large is 1 PILGRIMS WAY?

1 PILGRIMS WAY is 67m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bungay, and where 1 PILGRIMS WAY lies on this distribution: 11% of detached houses houses are smaller than 1 PILGRIMS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bungay.

1 PILGRIMS WAY: Plot and Title Map

1 PILGRIMS WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 PILGRIMS WAY, 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 PILGRIMS WAY). 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 PILGRIMS WAY?

1 PILGRIMS WAY is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 1 on PILGRIMS WAY.