3, OUTNEY ROAD, BUNGAY, NR35 1DY - £700,000

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

3 OUTNEY ROAD is a very large extended detached house of 187m², built sometime between 1976 and 1982. It was last sold for £700,000 in June 2023, which was around 69% above the average June 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

3 OUTNEY ROAD Sold Prices

Land registry data shows two sales for 3 OUTNEY 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 3 OUTNEY ROAD sales were for above 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
2023 1 JUN	£700,000	£414,165	69% above HPI
2003 3 MAR	£310,000	£183,731	69% above HPI

3 OUTNEY 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 3 OUTNEY ROAD sales from March 2003 and June 2023 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 March 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the June 2023 sale, which was also at 69% above the HPI.

How Large is 3 OUTNEY ROAD?

3 OUTNEY ROAD is 187m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 3 OUTNEY ROAD lies on this distribution: 95% of detached houses are smaller than 3 OUTNEY ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Bungay.

3 OUTNEY ROAD: Plot and Title Map

3 OUTNEY ROAD sits on a plot of roughly 0.291 of an acre, or 1,180m². The below map shows the location of 3 OUTNEY 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 3 OUTNEY 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 3 OUTNEY ROAD?

3 OUTNEY ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 3 on OUTNEY ROAD.