CLOVER CORNER, CASTLE ORCHARD, BUNGAY, NR35 1DD - £225,000

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

CLOVER CORNER is a small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2018, which was around 36% below the average July 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

CLOVER CORNER Sold Prices

Land registry data shows two sales for CLOVER CORNER 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 CLOVER CORNER 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 31 JUL	£225,000	£354,036	36% below HPI
2003 23 MAY	£145,000	£184,148	21% below HPI

CLOVER CORNER 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 CLOVER CORNER sales from May 2003 and July 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 May 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is CLOVER CORNER?

CLOVER CORNER is 77m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where CLOVER CORNER lies on this distribution: 24% of detached houses are smaller than CLOVER CORNER, and 75% of houses are larger. Note that EPC data is not available for all properties in Bungay.

CLOVER CORNER: Plot and Title Map

CLOVER CORNER sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of CLOVER CORNER, 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 CLOVER CORNER). 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 CLOVER CORNER?

CLOVER CORNER is located on CASTLE ORCHARD in BUNGAY, in the NR35 postcode district. The below map shows the position of CLOVER CORNER on CASTLE ORCHARD.