30, OLD GRAMMAR LANE, BUNGAY, NR35 1PU - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

30 OLD GRAMMAR LANE is a large detached house of 111m², built sometime between 1983 and 1990. It was last sold for £260,000 in August 2016, which was around 19% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

30 OLD GRAMMAR LANE Sold Prices

Land registry data shows two sales for 30 OLD GRAMMAR LANE 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 30 OLD GRAMMAR LANE 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
2016 17 AUG	£260,000	£320,108	19% below HPI
2002 20 DEC	£152,500	£175,252	13% below HPI

30 OLD GRAMMAR LANE 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 30 OLD GRAMMAR LANE sales from December 2002 and August 2016 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 December 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 30 OLD GRAMMAR LANE?

30 OLD GRAMMAR LANE is 111m² according to the EPC inspection conducted in February 2016. 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 30 OLD GRAMMAR LANE lies on this distribution: 68% of detached houses are smaller than 30 OLD GRAMMAR LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Bungay.

30 OLD GRAMMAR LANE: Plot and Title Map

30 OLD GRAMMAR LANE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 30 OLD GRAMMAR LANE, 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 30 OLD GRAMMAR LANE). 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 30 OLD GRAMMAR LANE?

30 OLD GRAMMAR LANE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 30 on OLD GRAMMAR LANE.