9, PILGRIMS WAY, BUNGAY, NR35 1HL - £202,000

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

9 PILGRIMS WAY is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £202,000 in June 2018, which was around 42% below the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

9 PILGRIMS WAY Sold Prices

Land registry data shows four sales for 9 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 9 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
2018 1 JUN	£202,000	£350,472	42% below HPI
2013 20 SEP	£176,000	£263,914	33% below HPI
2009 1 MAY	£162,000	£223,526	28% below HPI
1999 17 AUG	£64,500	£99,731	35% below HPI

9 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 9 PILGRIMS WAY sales between August 1999 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 September 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 9 PILGRIMS WAY?

9 PILGRIMS WAY is 75m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 9 PILGRIMS WAY lies on this distribution: 19% of detached houses are smaller than 9 PILGRIMS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Bungay.

9 PILGRIMS WAY: Plot and Title Map

9 PILGRIMS WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 9 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 9 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 9 PILGRIMS WAY?

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