12, WAVENEY ROAD, DITCHINGHAM, BUNGAY, NR35 2RF - £280,000

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

12 WAVENEY ROAD is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £280,000 in December 2016, which was around 11% below the average December 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

12 WAVENEY ROAD Sold Prices

Land registry data shows two sales for 12 WAVENEY ROAD 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 12 WAVENEY ROAD 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
2016 20 DEC	£280,000	£314,871	11% below HPI
2015 19 JUN	£242,000	£269,898	10% below HPI

12 WAVENEY ROAD 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 12 WAVENEY ROAD sales from June 2015 and December 2016 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 June 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 WAVENEY ROAD?

12 WAVENEY ROAD is 82m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchingham, and where 12 WAVENEY ROAD lies on this distribution: 28% of detached houses are smaller than 12 WAVENEY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

12 WAVENEY ROAD: Plot and Title Map

12 WAVENEY ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 12 WAVENEY ROAD, 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 12 WAVENEY ROAD). 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 12 WAVENEY ROAD?

12 WAVENEY ROAD is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 12 on WAVENEY ROAD.