FEN PLACE, FLIXTON ROAD, BUNGAY, NR35 1PD - £625,000

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

FEN PLACE is a very large extended detached house of 211m², built sometime before 1900. It was last sold for £625,000 in October 2020, which was around 68% above the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

FEN PLACE Sold Prices

Land registry data shows four sales for FEN PLACE 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 FEN PLACE sales were for above 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
2020 6 OCT	£625,000	£373,131	68% above HPI
2014 16 JUL	£465,000	£274,314	70% above HPI
2004 1 OCT	£430,000	£221,394	94% above HPI
1997 18 JUL	£142,000	£82,831	71% above HPI

FEN PLACE 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 FEN PLACE sales between July 1997 and October 2020 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 July 2014 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2020 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is FEN PLACE?

FEN PLACE is 211m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where FEN PLACE lies on this distribution: 98% of detached houses are smaller than FEN PLACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bungay.

FEN PLACE: Plot and Title Map

FEN PLACE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of FEN PLACE, 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 FEN PLACE). 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 FEN PLACE?

FEN PLACE is located on FLIXTON ROAD in BUNGAY, in the NR35 postcode district. The below map shows the position of FEN PLACE on FLIXTON ROAD.