THE BUNGALOW, NORWICH ROAD, CORPUSTY, NORWICH, NR11 6QD - £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.

THE BUNGALOW is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £319,403. It was last sold for £280,000 in September 2020, which was around 26% below the average September 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two THE 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
2020 11 SEP	£280,000	£377,670	26% below HPI
2015 23 NOV	£205,000	£303,915	33% below HPI

THE 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 two THE BUNGALOW sales from November 2015 and September 2020 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £319,403.

This is based on house price inflation of 14.1%, between September 2020 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 14.1% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £280,000 on 11th September 2020. For the value to have increased from £280,000 to £319,403 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since September 2020.

How Large is THE BUNGALOW?

THE BUNGALOW is 88m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses houses in Corpusty, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corpusty, and where THE BUNGALOW lies on this distribution: 31% of detached houses houses are smaller than THE BUNGALOW, and 67% of houses are larger. Note that EPC data is not available for all properties in Corpusty.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of THE 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 THE 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 THE BUNGALOW?

THE BUNGALOW is located on NORWICH ROAD in CORPUSTY, in the NR11 postcode district. The below map shows the position of THE BUNGALOW on NORWICH ROAD.