2, WAVENEY CRESCENT, EARSHAM, BUNGAY, NR35 2TW - £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 WAVENEY CRESCENT is a large extended detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £349,932. It was last sold for £300,000 in August 2020, which was around 17% below the average August 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 WAVENEY CRESCENT Sold Prices

Land registry data shows three sales for 2 WAVENEY CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 2 WAVENEY CRESCENT 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
2020 10 AUG	£300,000	£363,467	17% below HPI
2007 13 MAR	£207,000	£255,853	19% below HPI
2004 3 MAR	£163,835	£198,154	17% below HPI

2 WAVENEY CRESCENT 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 three 2 WAVENEY CRESCENT sales between March 2004 and August 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 March 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 WAVENEY CRESCENT be worth now?

2 WAVENEY CRESCENT might now be worth an estimated £349,932.

This is based on house price inflation of 16.6%, between August 2020 and June 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 16.6% inflationary increase is applied to the most recent sale price for 2 WAVENEY CRESCENT of £300,000 on 10th August 2020. For the value to have increased from £300,000 to £349,932 over the five years and two months to June 2025, the following assumptions must hold true:

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

How Large is 2 WAVENEY CRESCENT?

2 WAVENEY CRESCENT is 109m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earsham, and where 2 WAVENEY CRESCENT lies on this distribution: 64% of detached houses houses are smaller than 2 WAVENEY CRESCENT, and 36% of houses are larger. Note that EPC data is not available for all properties in Earsham.

2 WAVENEY CRESCENT: Plot and Title Map

2 WAVENEY CRESCENT sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 2 WAVENEY CRESCENT, 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 WAVENEY CRESCENT). 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 WAVENEY CRESCENT?

2 WAVENEY CRESCENT is located in EARSHAM, in the NR35 postcode district. The below map shows the position of No. 2 on WAVENEY CRESCENT.