4, LAMBERTS WAY, DITCHINGHAM, BUNGAY, NR35 2QB - £345,000

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

4 LAMBERTS WAY is a midsized detached house of 125m², built sometime between 1991 and 1995. It was last sold for £345,000 in October 2020, which was around 4% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

4 LAMBERTS WAY Sold Prices

Land registry data shows three sales for 4 LAMBERTS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the three 4 LAMBERTS WAY sales was for below the average price, whilst two 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
2020 19 OCT	£345,000	£360,394	4% below HPI
2010 2 JUL	£390,000	£239,995	63% above HPI
1995 8 NOV	£135,000	£71,026	90% above HPI

4 LAMBERTS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 4 LAMBERTS WAY sales between November 1995 and October 2020 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 2010 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 4 LAMBERTS WAY?

4 LAMBERTS WAY is 125m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Broome, based on EPC data. The below chart shows the distribution of detached houses by size in Broome, and where 4 LAMBERTS WAY lies on this distribution: 50% of detached houses are smaller than 4 LAMBERTS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Broome.

4 LAMBERTS WAY: Plot and Title Map

4 LAMBERTS WAY sits on a plot of roughly 0.556 of an acre, or 2,251m². The below map shows the location of 4 LAMBERTS WAY, 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 4 LAMBERTS WAY). 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 4 LAMBERTS WAY?

4 LAMBERTS WAY is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 4 on LAMBERTS WAY.