24, STAITHE ROAD, BUNGAY, NR35 1ET - £220,000

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.

24 STAITHE ROAD is a very small extended terraced house of 75m², built sometime before 1900, which could now be worth an estimated £211,719. It was last sold for £220,000 in November 2022, which was about the average November 2022 terraced price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

24 STAITHE ROAD Sold Prices

Land registry data shows six sales for 24 STAITHE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. The six 24 STAITHE ROAD sales were a mix of roughly equal to the average price, above the average price, and 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 14 NOV	£220,000	£221,056	Close to HPI
2021 1 OCT	£180,000	£196,282	8% below HPI
2009 8 OCT	£118,000	£119,477	1% below HPI
2001 23 MAR	£55,500	£53,804	3% above HPI
1996 16 JUL	£35,000	£34,579	1% above HPI
1996 26 FEB	£38,000	£34,508	10% above HPI

24 STAITHE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The six 24 STAITHE ROAD sales between February 1996 and November 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 October 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 STAITHE ROAD be worth now?

24 STAITHE ROAD might now be worth an estimated £211,719.

This is based on house price deflation of 3.8%, between November 2022 and July 2025, for terraced 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 3.8% deflationary decrease is applied to the most recent sale price for 24 STAITHE ROAD of £220,000 on 14th November 2022. For the value to have decreased from £220,000 to £211,719 over the three years and four months to July 2025, the following assumptions must hold true:

• The value of 24 STAITHE ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The November 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STAITHE ROAD has not materially changed since November 2022.

How Large is 24 STAITHE ROAD?

24 STAITHE ROAD is 75m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of terraced houses houses in Bungay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bungay, and where 24 STAITHE ROAD lies on this distribution: 19% of terraced houses houses are smaller than 24 STAITHE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Bungay.

24 STAITHE ROAD: Plot and Title Map

24 STAITHE ROAD sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 24 STAITHE 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 24 STAITHE 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 24 STAITHE ROAD?

24 STAITHE ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 24 on STAITHE ROAD.