15, WAVENEY ROAD, DITCHINGHAM, BUNGAY, NR35 2RF - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 WAVENEY ROAD is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £235,000 in June 2018, which was around 30% below the average June 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was D.

15 WAVENEY ROAD Sold Prices

Land registry data shows two sales for 15 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 15 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
2018 15 JUN	£235,000	£334,202	30% below HPI
2015 4 SEP	£191,000	£286,821	33% below HPI

15 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 15 WAVENEY ROAD sales from September 2015 and June 2018 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 September 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 WAVENEY ROAD?

15 WAVENEY ROAD is 67m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchingham, and where 15 WAVENEY ROAD lies on this distribution: 8% of detached houses are smaller than 15 WAVENEY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

15 WAVENEY ROAD: Plot and Title Map

15 WAVENEY ROAD sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 15 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 15 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 15 WAVENEY ROAD?

15 WAVENEY ROAD is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 15 on WAVENEY ROAD.