LAUREL HOUSE, CHAPEL HILL, WOODTON, BUNGAY, NR35 2NX - £500,000

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

LAUREL HOUSE is a midsized detached house of 134m², built sometime between 1996 and 2002. It was last sold for £500,000 in October 2023, which was around 24% above the average October 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

LAUREL HOUSE Sold Prices

Land registry data shows three sales for LAUREL HOUSE 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 LAUREL HOUSE 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
2023 23 OCT	£500,000	£404,244	24% above HPI
1999 10 SEP	£155,000	£96,855	60% above HPI
1998 27 FEB	£126,500	£83,757	51% above HPI

LAUREL HOUSE 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 LAUREL HOUSE sales between February 1998 and October 2023 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 September 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is LAUREL HOUSE?

LAUREL HOUSE is 134m² according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where LAUREL HOUSE lies on this distribution: 54% of detached houses are smaller than LAUREL HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Woodton.

LAUREL HOUSE: Plot and Title Map

LAUREL HOUSE sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL HOUSE?

LAUREL HOUSE is located on CHAPEL HILL in WOODTON, in the NR35 postcode district. The below map shows the position of LAUREL HOUSE on CHAPEL HILL.