THE SIGNAL BOX, NORTH ROAD, BUNWELL, NORWICH, NR16 1RB - £420,000

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 SIGNAL BOX is a midsized detached house of 129m², built sometime between 1950 and 1966. It was last sold for £420,000 in January 2024, which was around 4% above the average January 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was A.

THE SIGNAL BOX Sold Prices

Land registry data shows three sales for THE SIGNAL BOX since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the three THE SIGNAL BOX sales was for above the average price, whilst two 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 2 JAN	£420,000	£405,223	4% above HPI
2015 14 AUG	£149,950	£278,207	46% below HPI
2003 17 JAN	£65,000	£177,102	63% below HPI

THE SIGNAL BOX 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 three THE SIGNAL BOX sales between January 2003 and January 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 August 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE SIGNAL BOX?

THE SIGNAL BOX is 129m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of detached houses in Bunwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bunwell, and where THE SIGNAL BOX lies on this distribution: 40% of detached houses are smaller than THE SIGNAL BOX, and 55% of houses are larger. Note that EPC data is not available for all properties in Bunwell.

THE SIGNAL BOX: Plot and Title Map

THE SIGNAL BOX sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of THE SIGNAL BOX, 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 SIGNAL BOX). 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 SIGNAL BOX?

THE SIGNAL BOX is located on NORTH ROAD in BUNWELL, in the NR16 postcode district. The below map shows the position of THE SIGNAL BOX on NORTH ROAD.