JASMINE HOUSE, LABURNUM ROAD, BUNGAY, NR35 1BL - £320,000

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

JASMINE HOUSE is a midsized extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £320,000 in April 2024, which was around 23% below the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

JASMINE HOUSE Sold Prices

Land registry data shows five sales for JASMINE HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five JASMINE HOUSE 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 26 APR	£320,000	£417,388	23% below HPI
2021 31 MAR	£295,000	£371,419	21% below HPI
2008 1 AUG	£235,000	£250,776	6% below HPI
2006 24 AUG	£188,500	£235,518	20% below HPI
2005 27 JUL	£182,000	£223,310	18% below HPI

JASMINE HOUSE 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 five JASMINE HOUSE sales between July 2005 and April 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 March 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is JASMINE HOUSE?

JASMINE HOUSE is 98m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where JASMINE HOUSE lies on this distribution: 51% of detached houses are smaller than JASMINE HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bungay.

JASMINE HOUSE: Plot and Title Map

JASMINE HOUSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of JASMINE HOUSE, 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 JASMINE HOUSE). 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 JASMINE HOUSE?

JASMINE HOUSE is located on LABURNUM ROAD in BUNGAY, in the NR35 postcode district. The below map shows the position of JASMINE HOUSE on LABURNUM ROAD.