PARK SIDE BUNGALOW, UPPER STAITHE ROAD, STALHAM, NORWICH, NR12 9AX - £280,000

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.

PARK SIDE BUNGALOW is a midsized detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £321,098. It was last sold for £280,000 in August 2021, which was around 25% below the average August 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

PARK SIDE BUNGALOW Sold Prices

Land registry data shows three sales for PARK SIDE BUNGALOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three PARK SIDE BUNGALOW 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
2021 13 AUG	£280,000	£375,676	25% below HPI
2018 7 NOV	£117,000	£349,672	67% below HPI
2006 26 OCT	£179,000	£235,375	24% below HPI

PARK SIDE BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three PARK SIDE BUNGALOW sales between October 2006 and August 2021 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 November 2018 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the August 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might PARK SIDE BUNGALOW be worth now?

PARK SIDE BUNGALOW might now be worth an estimated £321,098.

This is based on house price inflation of 14.7%, between August 2021 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.7% inflationary increase is applied to the most recent sale price for PARK SIDE BUNGALOW of £280,000 on 13th August 2021. For the value to have increased from £280,000 to £321,098 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of PARK SIDE BUNGALOW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of PARK SIDE BUNGALOW has not materially changed since August 2021.

How Large is PARK SIDE BUNGALOW?

PARK SIDE BUNGALOW is 97m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stalham, and where PARK SIDE BUNGALOW lies on this distribution: 45% of detached houses houses are smaller than PARK SIDE BUNGALOW, and 53% of houses are larger. Note that EPC data is not available for all properties in Stalham.

PARK SIDE BUNGALOW: Plot and Title Map

PARK SIDE BUNGALOW sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of PARK SIDE BUNGALOW, 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 PARK SIDE BUNGALOW). 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 PARK SIDE BUNGALOW?

PARK SIDE BUNGALOW is located on UPPER STAITHE ROAD in STALHAM, in the NR12 postcode district. The below map shows the position of PARK SIDE BUNGALOW on UPPER STAITHE ROAD.