2, OUTNEY ROAD, BUNGAY, NR35 1DY - £145,000

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.

2 OUTNEY ROAD is a small semi-detached house of 79m², built sometime before 1900, which could now be worth an estimated £270,982. It was last sold for £145,000 in March 2006, which was around 1% below the average March 2006 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

2 OUTNEY ROAD Sold Prices

Land registry data shows two sales for 2 OUTNEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 OUTNEY 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
2006 10 MAR	£145,000	£145,818	1% below HPI
2001 2 APR	£67,000	£77,242	13% below HPI

2 OUTNEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 2 OUTNEY ROAD sales from April 2001 and March 2006 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 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2006 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 OUTNEY ROAD be worth now?

2 OUTNEY ROAD might now be worth an estimated £270,982.

This is based on house price inflation of 86.9%, between March 2006 and June 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.9% inflationary increase is applied to the most recent sale price for 2 OUTNEY ROAD of £145,000 on 10th March 2006. For the value to have increased from £145,000 to £270,982 over the eighteen years and nine months to June 2025, the following assumptions must hold true:

• The value of 2 OUTNEY ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The March 2006 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OUTNEY ROAD has not materially changed since March 2006.

How Large is 2 OUTNEY ROAD?

2 OUTNEY ROAD is 79m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of semi-detached houses houses in Bungay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bungay, and where 2 OUTNEY ROAD lies on this distribution: 28% of semi-detached houses houses are smaller than 2 OUTNEY ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Bungay.

2 OUTNEY ROAD: Plot and Title Map

2 OUTNEY ROAD sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 2 OUTNEY 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 2 OUTNEY 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 2 OUTNEY ROAD?

2 OUTNEY ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 2 on OUTNEY ROAD.