12, WAVENEY ROAD, DITCHINGHAM, BUNGAY, NR35 2RF - £280,000

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 WAVENEY ROAD is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £372,788. It was last sold for £280,000 in December 2016, which was around 14% below the average December 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

12 WAVENEY ROAD Sold Prices

Land registry data shows two sales for 12 WAVENEY 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 WAVENEY 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
2016 20 DEC	£280,000	£324,738	14% below HPI
2015 19 JUN	£242,000	£278,356	13% below HPI

12 WAVENEY 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 WAVENEY ROAD sales from June 2015 and December 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 June 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 12 WAVENEY ROAD be worth now?

12 WAVENEY ROAD might now be worth an estimated £372,788.

This is based on house price inflation of 33.1%, between December 2016 and May 2026, 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 33.1% inflationary increase is applied to the most recent sale price for 12 WAVENEY ROAD of £280,000 on 20th December 2016. For the value to have increased from £280,000 to £372,788 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 12 WAVENEY ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WAVENEY ROAD has not materially changed since December 2016.

How Large is 12 WAVENEY ROAD?

12 WAVENEY ROAD is 82m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ditchingham, and where 12 WAVENEY ROAD lies on this distribution: 28% of detached houses houses are smaller than 12 WAVENEY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

12 WAVENEY ROAD: Plot and Title Map

12 WAVENEY ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 12 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 12 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 12 WAVENEY ROAD?

12 WAVENEY ROAD is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 12 on WAVENEY ROAD.