WILDERNESS, LODDON ROAD, BROOME, BUNGAY, NR35 2RJ - £520,000

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

WILDERNESS is a large extended detached house of 145m², built sometime before 1900. It was last sold for £520,000 in July 2017, which was around 63% above the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was E.

WILDERNESS Sold Prices

Land registry data shows two sales for WILDERNESS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two WILDERNESS 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
2017 14 JUL	£520,000	£318,977	63% above HPI
2010 31 AUG	£405,000	£243,141	67% above HPI

WILDERNESS 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 two WILDERNESS sales from August 2010 and July 2017 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 2010 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the July 2017 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is WILDERNESS?

WILDERNESS is 145m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses in Broome, based on EPC data. The below chart shows the distribution of detached houses by size in Broome, and where WILDERNESS lies on this distribution: 64% of detached houses are smaller than WILDERNESS, and 36% of houses are larger. Note that EPC data is not available for all properties in Broome.

WILDERNESS: Plot and Title Map

WILDERNESS sits on a plot of roughly 0.448 of an acre, or 1,811m². The below map shows the location of WILDERNESS, 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 WILDERNESS). 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 WILDERNESS?

WILDERNESS is located on LODDON ROAD in BROOME, in the NR35 postcode district. The below map shows the position of WILDERNESS on LODDON ROAD.