26, TOWER MILL ROAD, BUNGAY, NR35 1RJ - £177,995

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.

26 TOWER MILL ROAD is a very small detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £253,903. It was last sold for £177,995 in June 2015, which was around 40% below the average June 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

26 TOWER MILL ROAD Sold Prices

Land registry data shows two sales for 26 TOWER MILL ROAD 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 TOWER MILL 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
2015 8 JUN	£177,995	£296,570	40% below HPI
2000 7 NOV	£66,000	£118,540	44% below HPI

26 TOWER MILL ROAD 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 TOWER MILL ROAD sales from November 2000 and June 2015 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 November 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 26 TOWER MILL ROAD be worth now?

26 TOWER MILL ROAD might now be worth an estimated £253,903.

This is based on house price inflation of 42.6%, between June 2015 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 42.6% inflationary increase is applied to the most recent sale price for 26 TOWER MILL ROAD of £177,995 on 8th June 2015. For the value to have increased from £177,995 to £253,903 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 26 TOWER MILL ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2015 sale price of £177,995 represented a fair market value for the property.
• The size, condition, and specification of 26 TOWER MILL ROAD has not materially changed since June 2015.

How Large is 26 TOWER MILL ROAD?

26 TOWER MILL ROAD is 63m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 26 TOWER MILL ROAD lies on this distribution: 8% of detached houses houses are smaller than 26 TOWER MILL ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Bungay.

26 TOWER MILL ROAD: Plot and Title Map

26 TOWER MILL ROAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 26 TOWER MILL 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 26 TOWER MILL 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 26 TOWER MILL ROAD?

26 TOWER MILL ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 26 on TOWER MILL ROAD.