THE BUNGALOW, YARMOUTH ROAD, HALES, NORWICH, NR14 6AB - £177,000

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 large detached house of 153m², built sometime between 1930 and 1949. It was last sold for £177,000 in February 2013, which was around 26% below the average February 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows four sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 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
2013 14 FEB	£177,000	£237,845	26% below HPI
2005 27 OCT	£132,000	£226,894	42% below HPI
2002 25 JUN	£140,000	£153,486	9% below HPI
1999 29 OCT	£81,000	£99,001	18% below HPI

THE BUNGALOW 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 four THE BUNGALOW sales between October 1999 and February 2013 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 October 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2013 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 153m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Hales, based on EPC data. The below chart shows the distribution of detached houses by size in Hales, and where THE BUNGALOW lies on this distribution: 70% of detached houses are smaller than THE BUNGALOW, and 30% of houses are larger. Note that EPC data is not available for all properties in Hales.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.307 of an acre, or 1,242m². 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 YARMOUTH ROAD in HALES, in the NR14 postcode district. The below map shows the position of THE BUNGALOW on YARMOUTH ROAD.