TREETOPS, HEMPNALL ROAD, WOODTON, BUNGAY, NR35 2LR - £305,000

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

TREETOPS is a small extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £305,000 in June 2016, which was around 2% above the average June 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows three sales for TREETOPS 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. All of the three TREETOPS sales were for above 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
2016 24 JUN	£305,000	£298,650	2% above HPI
1998 11 MAY	£105,000	£80,392	31% above HPI
1996 28 AUG	£99,000	£77,270	28% above HPI

TREETOPS 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 TREETOPS sales between August 1996 and June 2016 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 May 1998 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is TREETOPS?

TREETOPS is 116m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where TREETOPS lies on this distribution: 28% of detached houses are smaller than TREETOPS, and 67% of houses are larger. Note that EPC data is not available for all properties in Woodton.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on HEMPNALL ROAD in WOODTON, in the NR35 postcode district. The below map shows the position of TREETOPS on HEMPNALL ROAD.