7, OCLEE PLACE, BUNGAY, NR35 1FA - £325,000

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

7 OCLEE PLACE is a midsized detached house of 98m². It was last sold for £325,000 in December 2021, which was around 20% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

7 OCLEE PLACE Sold Prices

Land registry data shows two sales for 7 OCLEE PLACE 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 7 OCLEE PLACE 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
2021 8 DEC	£325,000	£404,862	20% below HPI
2020 7 APR	£285,000	£347,861	18% below HPI

7 OCLEE PLACE 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 7 OCLEE PLACE sales from April 2020 and December 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 April 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 OCLEE PLACE?

7 OCLEE PLACE is 98m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 7 OCLEE PLACE lies on this distribution: 51% of detached houses are smaller than 7 OCLEE PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bungay.

7 OCLEE PLACE: Plot and Title Map

7 OCLEE PLACE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 OCLEE PLACE, 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 7 OCLEE PLACE). 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 7 OCLEE PLACE?

7 OCLEE PLACE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 7 on OCLEE PLACE.