29, ORCHIDS CLOSE, BUNGAY, NR35 1LL - £228,000

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

29 ORCHIDS CLOSE is a large extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £228,000 in August 2018, which was around 36% below the average August 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

29 ORCHIDS CLOSE Sold Prices

Land registry data shows four sales for 29 ORCHIDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 29 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
2018 14 AUG	£228,000	£357,858	36% below HPI
2003 25 JUL	£48,000	£186,962	74% below HPI
1996 22 MAR	£47,500	£72,548	35% below HPI
1995 30 JUN	£48,500	£75,260	36% below HPI

29 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 four 29 ORCHIDS CLOSE sales between June 1995 and August 2018 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 2003 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the August 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 29 ORCHIDS CLOSE?

29 ORCHIDS CLOSE is 108m², which includes three extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 29 ORCHIDS CLOSE lies on this distribution: 66% of detached houses are smaller than 29 ORCHIDS CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bungay.

29 ORCHIDS CLOSE: Plot and Title Map

29 ORCHIDS CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 29 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 29 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 29 ORCHIDS CLOSE?

29 ORCHIDS CLOSE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 29 on ORCHIDS CLOSE.