1, WAVENEY ROAD, DITCHINGHAM, BUNGAY, NR35 2RF - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WAVENEY ROAD is a midsized extended semi-detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £244,780. It was last sold for £245,000 in February 2023, which was around 12% below the average February 2023 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was G, and the potential energy rating was C.

1 WAVENEY ROAD Sold Prices

Land registry data shows three sales for 1 WAVENEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. The three 1 WAVENEY ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2023 10 FEB	£245,000	£278,207	12% below HPI
2011 6 APR	£150,000	£149,609	Close to HPI
2004 1 AUG	£145,500	£140,985	3% above HPI

1 WAVENEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 1 WAVENEY ROAD sales between August 2004 and February 2023 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 April 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 WAVENEY ROAD be worth now?

1 WAVENEY ROAD might now be worth an estimated £244,780.

This is based on house price deflation of 0.1%, between February 2023 and April 2026, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for 1 WAVENEY ROAD of £245,000 on 10th February 2023. For the value to have decreased from £245,000 to £244,780 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 WAVENEY ROAD has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The February 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WAVENEY ROAD has not materially changed since February 2023.

How Large is 1 WAVENEY ROAD?

1 WAVENEY ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of semi-detached houses houses in Ditchingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ditchingham, and where 1 WAVENEY ROAD lies on this distribution: 48% of semi-detached houses houses are smaller than 1 WAVENEY ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

1 WAVENEY ROAD: Plot and Title Map

1 WAVENEY ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 1 WAVENEY ROAD, 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 1 WAVENEY ROAD). 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 1 WAVENEY ROAD?

1 WAVENEY ROAD is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 1 on WAVENEY ROAD.