2, WAVENEY ROAD, DITCHINGHAM, BUNGAY, NR35 2RF - £157,700

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 WAVENEY ROAD is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £157,700 in October 2008, which was around 31% below the average October 2008 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

2 WAVENEY ROAD Sold Prices

Land registry data shows three sales for 2 WAVENEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 2 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
2008 15 OCT	£157,700	£227,506	31% below HPI
2002 20 DEC	£150,000	£173,580	14% below HPI
1997 14 OCT	£58,000	£80,395	28% below HPI

2 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 three 2 WAVENEY ROAD sales between October 1997 and October 2008 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2008 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 WAVENEY ROAD?

2 WAVENEY ROAD is 79m² according to the EPC inspection conducted in June 2020. 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 2 WAVENEY ROAD lies on this distribution: 25% of detached houses are smaller than 2 WAVENEY ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

2 WAVENEY ROAD: Plot and Title Map

2 WAVENEY ROAD sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 2 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 2 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 2 WAVENEY ROAD?

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