BRADLEYS, NORTH ROAD, BUNWELL, NORWICH, NR16 1RB - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BRADLEYS is a small detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £387,615. It was last sold for £375,000 in September 2024, which was around 10% below the average September 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was A.

BRADLEYS Sold Prices

Land registry data shows four sales for BRADLEYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four BRADLEYS 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
2024 12 SEP	£375,000	£417,339	10% below HPI
2020 11 SEP	£15,000	£368,075	96% below HPI
2020 7 FEB	£292,000	£357,181	18% below HPI
2002 30 APR	£148,000	£150,489	2% below HPI

BRADLEYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four BRADLEYS sales between April 2002 and September 2024 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 2020 sale was for 96% below the HPI. So the extrapolation line tracks at 96% below the HPI over time, until the September 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might BRADLEYS be worth now?

BRADLEYS might now be worth an estimated £387,615.

This is based on house price inflation of 3.4%, between September 2024 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% inflationary increase is applied to the most recent sale price for BRADLEYS of £375,000 on 12th September 2024. For the value to have increased from £375,000 to £387,615 over the nine months to December 2024, the following assumptions must hold true:

• The value of BRADLEYS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of BRADLEYS has not materially changed since September 2024.

How Large is BRADLEYS?

BRADLEYS is 123m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses houses in Bunwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bunwell, and where BRADLEYS lies on this distribution: 34% of detached houses houses are smaller than BRADLEYS, and 66% of houses are larger. Note that EPC data is not available for all properties in Bunwell.

BRADLEYS: Plot and Title Map

BRADLEYS sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of BRADLEYS, 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 BRADLEYS). 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 BRADLEYS?

BRADLEYS is located on NORTH ROAD in BUNWELL, in the NR16 postcode district. The below map shows the position of BRADLEYS on NORTH ROAD.