11, PILGRIMS WAY, BUNGAY, NR35 1HL - £238,000

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

11 PILGRIMS WAY is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £238,000 in November 2020, which was around 37% below the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

11 PILGRIMS WAY Sold Prices

Land registry data shows four sales for 11 PILGRIMS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 11 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
2020 13 NOV	£238,000	£379,967	37% below HPI
2016 7 OCT	£171,000	£324,487	47% below HPI
2004 9 NOV	£116,000	£220,375	47% below HPI
1997 8 APR	£49,500	£78,660	37% below HPI

11 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 four 11 PILGRIMS WAY sales between April 1997 and November 2020 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 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 PILGRIMS WAY?

11 PILGRIMS WAY is 76m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 11 PILGRIMS WAY lies on this distribution: 21% of detached houses are smaller than 11 PILGRIMS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Bungay.

11 PILGRIMS WAY: Plot and Title Map

11 PILGRIMS WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 11 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 11 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 11 PILGRIMS WAY?

11 PILGRIMS WAY is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 11 on PILGRIMS WAY.