55, LOWER OLLAND STREET, BUNGAY, NR35 1BY - £580,000

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

55 LOWER OLLAND STREET is a very large detached house of 205m², built sometime before 1900. It was last sold for £580,000 in June 2021, which was around 52% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

55 LOWER OLLAND STREET Sold Prices

Land registry data shows two sales for 55 LOWER OLLAND STREET 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. One of the two 55 LOWER OLLAND STREET sales was for above the average price, whilst the other was roughly equal to 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
2021 24 JUN	£580,000	£380,524	52% above HPI
2013 7 JAN	£250,000	£250,756	Close to HPI

55 LOWER OLLAND STREET 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 55 LOWER OLLAND STREET sales from January 2013 and June 2021 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 January 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 55 LOWER OLLAND STREET?

55 LOWER OLLAND STREET is 205m² according to the EPC inspection conducted in October 2020. 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 55 LOWER OLLAND STREET lies on this distribution: 97% of detached houses are smaller than 55 LOWER OLLAND STREET, and 3% of houses are larger. Note that EPC data is not available for all properties in Bungay.

55 LOWER OLLAND STREET: Plot and Title Map

55 LOWER OLLAND STREET sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 55 LOWER OLLAND 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 55 LOWER OLLAND 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.

Where is 55 LOWER OLLAND STREET?

55 LOWER OLLAND STREET is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 55 on LOWER OLLAND STREET.