THE HOLLIES, THE STREET, WOODTON, BUNGAY, NR35 2LZ - £477,500

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

THE HOLLIES is a very small detached house of 94m², built sometime before 1900. It was last sold for £477,500 in February 2024, which was around 17% above the average February 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

THE HOLLIES Sold Prices

Land registry data shows four sales for THE HOLLIES 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. two of the four THE HOLLIES sales were for above the average price, and four 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
2024 9 FEB	£477,500	£409,505	17% above HPI
2020 23 JUL	£290,000	£350,999	17% below HPI
2008 1 AUG	£280,000	£240,415	16% above HPI
2004 13 AUG	£195,000	£215,421	9% below HPI

THE HOLLIES 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 HOLLIES sales between August 2004 and February 2024 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 July 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is THE HOLLIES?

THE HOLLIES is 94m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where THE HOLLIES lies on this distribution: 11% of detached houses are smaller than THE HOLLIES, and 87% of houses are larger. Note that EPC data is not available for all properties in Woodton.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of THE HOLLIES, 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 HOLLIES). 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 HOLLIES?

THE HOLLIES is located on THE STREET in WOODTON, in the NR35 postcode district. The below map shows the position of THE HOLLIES on THE STREET.