26, ORCHIDS CLOSE, BUNGAY, NR35 1LL - £293,000

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

26 ORCHIDS CLOSE is a midsized extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £293,000 in September 2021, which was around 23% below the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

26 ORCHIDS CLOSE Sold Prices

Land registry data shows two sales for 26 ORCHIDS 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 26 ORCHIDS 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 24 SEP	£293,000	£378,972	23% below HPI
2016 12 FEB	£177,000	£304,504	42% below HPI

26 ORCHIDS 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 26 ORCHIDS CLOSE sales from February 2016 and September 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 February 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 26 ORCHIDS CLOSE?

26 ORCHIDS CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 26 ORCHIDS CLOSE lies on this distribution: 49% of detached houses are smaller than 26 ORCHIDS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Bungay.

26 ORCHIDS CLOSE: Plot and Title Map

26 ORCHIDS CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 26 ORCHIDS 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 26 ORCHIDS 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 26 ORCHIDS CLOSE?

26 ORCHIDS CLOSE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 26 on ORCHIDS CLOSE.