7, PILGRIMS WAY, BUNGAY, NR35 1HL - £227,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PILGRIMS WAY is a small extended detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £271,086. It was last sold for £227,500 in January 2020, which was around 36% below the average January 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

7 PILGRIMS WAY Sold Prices

Land registry data shows four sales for 7 PILGRIMS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 7 PILGRIMS WAY 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
2020 30 JAN	£227,500	£355,027	36% below HPI
2017 27 MAR	£182,500	£328,577	44% below HPI
2011 13 JAN	£160,000	£249,973	36% below HPI
2009 25 FEB	£142,000	£227,862	38% below HPI

7 PILGRIMS WAY 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 four 7 PILGRIMS WAY sales between February 2009 and January 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 March 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 7 PILGRIMS WAY be worth now?

7 PILGRIMS WAY might now be worth an estimated £271,086.

This is based on house price inflation of 19.2%, between January 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 7 PILGRIMS WAY of £227,500 on 30th January 2020. For the value to have increased from £227,500 to £271,086 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 PILGRIMS WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PILGRIMS WAY has not materially changed since January 2020.

How Large is 7 PILGRIMS WAY?

7 PILGRIMS WAY is 77m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bungay, and where 7 PILGRIMS WAY lies on this distribution: 24% of detached houses houses are smaller than 7 PILGRIMS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Bungay.

7 PILGRIMS WAY: Plot and Title Map

7 PILGRIMS WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 7 PILGRIMS 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 7 PILGRIMS 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 7 PILGRIMS WAY?

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