10, ORCHIDS CLOSE, BUNGAY, NR35 1LL - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 ORCHIDS CLOSE is a midsized detached house of 101m², built sometime between 1976 and 1982. It was last sold for £275,000 in March 2021, which was around 26% below the average March 2021 detached price in the East 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 B.

10 ORCHIDS CLOSE Sold Prices

Land registry data shows six sales for 10 ORCHIDS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 10 ORCHIDS CLOSE 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
2021 26 MAR	£275,000	£371,419	26% below HPI
2017 13 APR	£235,000	£334,723	30% below HPI
2016 5 FEB	£175,000	£304,504	43% below HPI
2007 17 SEP	£152,000	£266,374	43% below HPI
2002 13 SEP	£127,000	£167,041	24% below HPI
1998 27 MAR	£69,000	£83,317	17% below HPI

10 ORCHIDS CLOSE 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 six 10 ORCHIDS CLOSE sales between March 1998 and March 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 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 10 ORCHIDS CLOSE?

10 ORCHIDS CLOSE is 101m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 10 ORCHIDS CLOSE lies on this distribution: 56% of detached houses are smaller than 10 ORCHIDS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bungay.

10 ORCHIDS CLOSE: Plot and Title Map

10 ORCHIDS CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 10 ORCHIDS CLOSE, 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 10 ORCHIDS CLOSE). 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 10 ORCHIDS CLOSE?

10 ORCHIDS CLOSE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 10 on ORCHIDS CLOSE.