THE BUNGALOW, SCHOOL ROAD, LUDHAM, GREAT YARMOUTH, NR29 5QN - £223,000

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

THE BUNGALOW is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £223,000 in March 2018, which was around 34% below the average March 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, 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
2018 16 MAR	£223,000	£339,604	34% below HPI
2017 2 NOV	£223,000	£335,916	34% 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 2017 and March 2018 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 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2018 sale, which was also at 34% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 84m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where THE BUNGALOW lies on this distribution: 25% of detached houses are smaller than THE BUNGALOW, and 73% of houses are larger. Note that EPC data is not available for all properties in Ludham.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.173 of an acre, or 701m². 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 SCHOOL ROAD in LUDHAM, in the NR29 postcode district. The below map shows the position of THE BUNGALOW on SCHOOL ROAD.