2, TRIPLE PLEA LANE, TRIPLE PLEA ROAD, BEDINGHAM, BUNGAY, NR35 2NY - £300,000

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 TRIPLE PLEA LANE is a small extended semi-detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £348,350. It was last sold for £300,000 in December 2020, which was around 27% above the average December 2020 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was A.

2 TRIPLE PLEA LANE Sold Prices

Land registry data shows two sales for 2 TRIPLE PLEA LANE 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 South Norfolk local authority area for the corresponding sale date. Both of the two 2 TRIPLE PLEA LANE 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
2020 4 DEC	£300,000	£235,403	27% above HPI
2001 22 JUN	£112,995	£78,223	44% above HPI

2 TRIPLE PLEA LANE 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 two 2 TRIPLE PLEA LANE sales from June 2001 and December 2020 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 2001 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 TRIPLE PLEA LANE be worth now?

2 TRIPLE PLEA LANE might now be worth an estimated £348,350.

This is based on house price inflation of 16.1%, between December 2020 and June 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 2 TRIPLE PLEA LANE of £300,000 on 4th December 2020. For the value to have increased from £300,000 to £348,350 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 2 TRIPLE PLEA LANE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The December 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TRIPLE PLEA LANE has not materially changed since December 2020.

How Large is 2 TRIPLE PLEA LANE?

2 TRIPLE PLEA LANE is 109m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of semi-detached houses houses in Woodton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woodton, and where 2 TRIPLE PLEA LANE lies on this distribution: 24% of semi-detached houses houses are smaller than 2 TRIPLE PLEA LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Woodton.

2 TRIPLE PLEA LANE: Plot and Title Map

2 TRIPLE PLEA LANE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 2 TRIPLE PLEA LANE, 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 TRIPLE PLEA LANE). 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 TRIPLE PLEA LANE?

2 TRIPLE PLEA LANE is located on TRIPLE PLEA ROAD in BEDINGHAM, in the NR35 postcode district. The below map shows the position of 2 TRIPLE PLEA LANE on TRIPLE PLEA ROAD.