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
5 NETHERGATE STREET is a very large extended detached house of 181m², built sometime between 1991 and 1995. It was last sold for £650,000 in April 2024, which was around 56% above the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 5 NETHERGATE STREET since 1st 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 5 NETHERGATE STREET 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 |
---|---|---|---|
2024 10 APR | £650,000 | £417,388 | 56% above HPI |
2009 11 DEC | £323,000 | £239,716 | 35% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 5 NETHERGATE STREET sales from December 2009 and April 2024 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 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2024 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
5 NETHERGATE STREET is 181m², which includes two extensions, according to the EPC inspection conducted in September 2023. 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 5 NETHERGATE STREET lies on this distribution: 94% of detached houses are smaller than 5 NETHERGATE STREET, and 6% of houses are larger. Note that EPC data is not available for all properties in Bungay.
5 NETHERGATE STREET sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 5 NETHERGATE STREET, 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 5 NETHERGATE STREET). 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.
5 NETHERGATE STREET is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 5 on NETHERGATE STREET.