10, SCALES STREET, BUNGAY, NR35 1EA - £370,000

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.

10 SCALES STREET is a very large extended detached house of 155m², built sometime between 1900 and 1929, which could now be worth an estimated £419,140. It was last sold for £370,000 in February 2021, which was around 1% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

10 SCALES STREET Sold Prices

Land registry data shows three sales for 10 SCALES STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 10 SCALES STREET sales were for below the average price, whilst one was 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
2021 5 FEB	£370,000	£373,448	1% below HPI
2017 4 OCT	£225,000	£345,735	35% below HPI
2001 23 AUG	£156,000	£134,788	16% above HPI

10 SCALES STREET 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 three 10 SCALES STREET sales between August 2001 and February 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 October 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 10 SCALES STREET be worth now?

10 SCALES STREET might now be worth an estimated £419,140.

This is based on house price inflation of 13.3%, between February 2021 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 13.3% inflationary increase is applied to the most recent sale price for 10 SCALES STREET of £370,000 on 5th February 2021. For the value to have increased from £370,000 to £419,140 over the four years to February 2025, the following assumptions must hold true:

• The value of 10 SCALES STREET has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SCALES STREET has not materially changed since February 2021.

How Large is 10 SCALES STREET?

10 SCALES STREET is 155m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 10 SCALES STREET lies on this distribution: 91% of detached houses houses are smaller than 10 SCALES STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Bungay.

10 SCALES STREET: Plot and Title Map

10 SCALES STREET sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 10 SCALES STREET, 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 SCALES STREET). 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 SCALES STREET?

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