16, LOWER OLLAND STREET, BUNGAY, NR35 1BX - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 LOWER OLLAND STREET is a very small extended semi-detached house of 66m², built sometime before 1900. It was last sold for £175,000 in March 2022, which was around 57% below the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was F, and the potential energy rating was B.

16 LOWER OLLAND STREET Sold Prices

Land registry data shows two sales for 16 LOWER OLLAND STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 LOWER OLLAND STREET 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
2022 11 MAR	£175,000	£411,636	57% below HPI
2006 15 DEC	£120,000	£241,201	50% below HPI

16 LOWER OLLAND 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 two 16 LOWER OLLAND STREET sales from December 2006 and March 2022 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 December 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2022 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 16 LOWER OLLAND STREET?

16 LOWER OLLAND STREET is 66m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 16 LOWER OLLAND STREET lies on this distribution: 8% of detached houses are smaller than 16 LOWER OLLAND STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Bungay.

16 LOWER OLLAND STREET: Plot and Title Map

16 LOWER OLLAND STREET sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 16 LOWER OLLAND 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 16 LOWER OLLAND 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 16 LOWER OLLAND STREET?

16 LOWER OLLAND STREET is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 16 on LOWER OLLAND STREET.