HIGHLANDS, BUNGAY ROAD, SCOLE, DISS, IP21 4DT - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HIGHLANDS is a small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £231,355. It was last sold for £170,000 in May 2017, which was around 47% below the average May 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

HIGHLANDS Sold Prices

Land registry data shows two sales for HIGHLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two HIGHLANDS 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
2017 5 MAY	£170,000	£323,382	47% below HPI
2014 24 OCT	£150,000	£285,499	47% below HPI

HIGHLANDS 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 two HIGHLANDS sales from October 2014 and May 2017 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 October 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2017 sale, which was also at 47% below the HPI.

What might HIGHLANDS be worth now?

HIGHLANDS might now be worth an estimated £231,355.

This is based on house price inflation of 36.1%, between May 2017 and February 2025, 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 36.1% inflationary increase is applied to the most recent sale price for HIGHLANDS of £170,000 on 5th May 2017. For the value to have increased from £170,000 to £231,355 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of HIGHLANDS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHLANDS has not materially changed since May 2017.

How Large is HIGHLANDS?

HIGHLANDS is 84m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Scole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scole, and where HIGHLANDS lies on this distribution: 21% of detached houses houses are smaller than HIGHLANDS, and 79% of houses are larger. Note that EPC data is not available for all properties in Scole.

HIGHLANDS: Plot and Title Map

HIGHLANDS sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of HIGHLANDS, 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 HIGHLANDS). 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 HIGHLANDS?

HIGHLANDS is located on BUNGAY ROAD in SCOLE, in the IP21 postcode district. The below map shows the position of HIGHLANDS on BUNGAY ROAD.