FAIRWAYS, TRIPLE PLEA ROAD, WOODTON, BUNGAY, NR35 2NS - £213,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRWAYS is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £213,000 in March 2004, which was around 11% above the average March 2004 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three FAIRWAYS sales were for above the average price, whilst one was 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
2004 29 MAR	£213,000	£192,133	11% above HPI
2000 28 JAN	£102,500	£103,566	1% below HPI
1998 3 APR	£87,500	£81,371	8% above HPI

FAIRWAYS 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 three FAIRWAYS sales between April 1998 and March 2004 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 January 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2004 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 156m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where FAIRWAYS lies on this distribution: 80% of detached houses are smaller than FAIRWAYS, and 20% of houses are larger. Note that EPC data is not available for all properties in Woodton.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on TRIPLE PLEA ROAD in WOODTON, in the NR35 postcode district. The below map shows the position of FAIRWAYS on TRIPLE PLEA ROAD.