12, TRIPLE PLEA ROAD, WOODTON, BUNGAY, NR35 2NS - £215,000

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.

12 TRIPLE PLEA ROAD is a very small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £341,849. It was last sold for £215,000 in April 2015, which was around 22% below the average April 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

12 TRIPLE PLEA ROAD Sold Prices

Land registry data shows two sales for 12 TRIPLE PLEA ROAD 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 12 TRIPLE PLEA ROAD sales 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
2015 17 APR	£215,000	£276,308	22% below HPI
1999 22 DEC	£79,000	£104,920	25% below HPI

12 TRIPLE PLEA ROAD 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 12 TRIPLE PLEA ROAD sales from December 1999 and April 2015 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 December 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 TRIPLE PLEA ROAD be worth now?

12 TRIPLE PLEA ROAD might now be worth an estimated £341,849.

This is based on house price inflation of 59%, between April 2015 and March 2025, for 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 59% inflationary increase is applied to the most recent sale price for 12 TRIPLE PLEA ROAD of £215,000 on 17th April 2015. For the value to have increased from £215,000 to £341,849 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of 12 TRIPLE PLEA ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TRIPLE PLEA ROAD has not materially changed since April 2015.

How Large is 12 TRIPLE PLEA ROAD?

12 TRIPLE PLEA ROAD is 88m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodton, and where 12 TRIPLE PLEA ROAD lies on this distribution: 4% of detached houses houses are smaller than 12 TRIPLE PLEA ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Woodton.

12 TRIPLE PLEA ROAD: Plot and Title Map

12 TRIPLE PLEA ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 12 TRIPLE PLEA 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 12 TRIPLE PLEA 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 12 TRIPLE PLEA ROAD?

12 TRIPLE PLEA ROAD is located in WOODTON, in the NR35 postcode district. The below map shows the position of No. 12 on TRIPLE PLEA ROAD.