18, MESSENGER CLOSE, BUNGAY, NR35 1PW - £225,000

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.

18 MESSENGER CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £251,766. It was last sold for £225,000 in August 2021, which was around 40% below the average August 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

18 MESSENGER CLOSE Sold Prices

Land registry data shows two sales for 18 MESSENGER CLOSE 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 18 MESSENGER CLOSE 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
2021 13 AUG	£225,000	£378,070	40% below HPI
2002 11 DEC	£140,000	£175,279	20% below HPI

18 MESSENGER CLOSE 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 18 MESSENGER CLOSE sales from December 2002 and August 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 December 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 18 MESSENGER CLOSE be worth now?

18 MESSENGER CLOSE might now be worth an estimated £251,766.

This is based on house price inflation of 11.9%, between August 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 11.9% inflationary increase is applied to the most recent sale price for 18 MESSENGER CLOSE of £225,000 on 13th August 2021. For the value to have increased from £225,000 to £251,766 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 18 MESSENGER CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MESSENGER CLOSE has not materially changed since August 2021.

How Large is 18 MESSENGER CLOSE?

18 MESSENGER CLOSE is 75m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 18 MESSENGER CLOSE lies on this distribution: 19% of detached houses houses are smaller than 18 MESSENGER CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bungay.

18 MESSENGER CLOSE: Plot and Title Map

18 MESSENGER CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 18 MESSENGER CLOSE, 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 18 MESSENGER CLOSE). 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 18 MESSENGER CLOSE?

18 MESSENGER CLOSE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 18 on MESSENGER CLOSE.