2, HAMILTON WAY, DITCHINGHAM, BUNGAY, NR35 2JD - £225,000

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

2 HAMILTON WAY is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £225,000 in August 2017, which was around 30% below the average August 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 HAMILTON WAY Sold Prices

Land registry data shows two sales for 2 HAMILTON WAY 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 2 HAMILTON 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
2017 1 AUG	£225,000	£322,914	30% below HPI
2006 11 JUL	£145,000	£235,879	39% below HPI

2 HAMILTON WAY 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 2 HAMILTON WAY sales from July 2006 and August 2017 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 July 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 HAMILTON WAY?

2 HAMILTON WAY is 74m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchingham, and where 2 HAMILTON WAY lies on this distribution: 18% of detached houses are smaller than 2 HAMILTON WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

2 HAMILTON WAY: Plot and Title Map

2 HAMILTON WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 HAMILTON 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 2 HAMILTON 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 2 HAMILTON WAY?

2 HAMILTON WAY is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 2 on HAMILTON WAY.