9, LABURNUM ROAD, BUNGAY, NR35 1BL - £257,500

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.

9 LABURNUM ROAD is a very large extended detached house of 131m², built sometime before 1900, which could now be worth an estimated £310,773. It was last sold for £257,500 in June 2018, which was around 27% below the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

9 LABURNUM ROAD Sold Prices

Land registry data shows four sales for 9 LABURNUM ROAD 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 9 LABURNUM ROAD 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
2018 27 JUN	£257,500	£350,527	27% below HPI
2008 23 JUN	£220,000	£254,515	14% below HPI
2004 17 DEC	£160,000	£220,670	27% below HPI
2002 31 JUL	£116,000	£158,645	27% below HPI

9 LABURNUM ROAD 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 9 LABURNUM ROAD sales between July 2002 and June 2018 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 June 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 9 LABURNUM ROAD be worth now?

9 LABURNUM ROAD might now be worth an estimated £310,773.

This is based on house price inflation of 20.7%, between June 2018 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 20.7% inflationary increase is applied to the most recent sale price for 9 LABURNUM ROAD of £257,500 on 27th June 2018. For the value to have increased from £257,500 to £310,773 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 9 LABURNUM ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2018 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 9 LABURNUM ROAD has not materially changed since June 2018.

How Large is 9 LABURNUM ROAD?

9 LABURNUM ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% 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 9 LABURNUM ROAD lies on this distribution: 84% of detached houses houses are smaller than 9 LABURNUM ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Bungay.

9 LABURNUM ROAD: Plot and Title Map

9 LABURNUM ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 9 LABURNUM ROAD, 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 9 LABURNUM ROAD). 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 9 LABURNUM ROAD?

9 LABURNUM ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 9 on LABURNUM ROAD.