FORSYTHIA, THWAITE ROAD, DITCHINGHAM, BUNGAY, NR35 2QR - £300,000

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

FORSYTHIA is a very small extended detached house of 61m², built sometime between 1930 and 1949. It was last sold for £300,000 in August 2024, which was around 25% below the average August 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was E, and the potential energy rating was C.

FORSYTHIA Sold Prices

Land registry data shows three sales for FORSYTHIA 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. All of the three FORSYTHIA 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 2 AUG	£300,000	£401,374	25% below HPI
2018 24 AUG	£260,000	£339,680	23% below HPI
2013 30 JAN	£146,000	£238,819	39% below HPI

FORSYTHIA 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 FORSYTHIA sales between January 2013 and August 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 August 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is FORSYTHIA?

FORSYTHIA is 61m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchingham, and where FORSYTHIA lies on this distribution: 2% of detached houses are smaller than FORSYTHIA, and 97% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

FORSYTHIA: Plot and Title Map

FORSYTHIA sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of FORSYTHIA, 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 FORSYTHIA). 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 FORSYTHIA?

FORSYTHIA is located on THWAITE ROAD in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of FORSYTHIA on THWAITE ROAD.