38, WAVENEY ROAD, BUNGAY, NR35 1LH - £168,000

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

38 WAVENEY ROAD is a small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £168,000 in March 2014, which was around 35% below the average March 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

38 WAVENEY ROAD Sold Prices

Land registry data shows two sales for 38 WAVENEY 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 38 WAVENEY 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
2014 28 MAR	£168,000	£259,107	35% below HPI
2001 25 MAY	£79,950	£129,339	38% below HPI

38 WAVENEY 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 38 WAVENEY ROAD sales from May 2001 and March 2014 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 May 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 38 WAVENEY ROAD?

38 WAVENEY ROAD is 78m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 38 WAVENEY ROAD lies on this distribution: 26% of detached houses are smaller than 38 WAVENEY ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Bungay.

38 WAVENEY ROAD: Plot and Title Map

38 WAVENEY ROAD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 38 WAVENEY 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 38 WAVENEY 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 38 WAVENEY ROAD?

38 WAVENEY ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 38 on WAVENEY ROAD.