28, BROAD STREET, BUNGAY, NR35 1EE - £155,000

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.

28 BROAD STREET is a very small extended terraced house of 45m², built sometime before 1900, which could now be worth an estimated £184,897. It was last sold for £155,000 in August 2020, which was around 14% below the average August 2020 terraced price in the East Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

28 BROAD STREET Sold Prices

Land registry data shows six sales for 28 BROAD STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Most of the six 28 BROAD STREET 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 21 AUG	£155,000	£179,412	14% below HPI
2016 28 NOV	£130,000	£153,787	15% below HPI
2013 16 AUG	£109,000	£129,919	16% below HPI
2007 15 OCT	£124,500	£138,731	10% below HPI
2005 18 FEB	£106,000	£111,910	5% below HPI
2001 11 JAN	£57,000	£52,316	9% above HPI

28 BROAD STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The six 28 BROAD STREET sales between January 2001 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 November 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 28 BROAD STREET be worth now?

28 BROAD STREET might now be worth an estimated £184,897.

This is based on house price inflation of 19.3%, between August 2020 and August 2025, for terraced 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 19.3% inflationary increase is applied to the most recent sale price for 28 BROAD STREET of £155,000 on 21st August 2020. For the value to have increased from £155,000 to £184,897 over the five years to August 2025, the following assumptions must hold true:

• The value of 28 BROAD STREET has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BROAD STREET has not materially changed since August 2020.

How Large is 28 BROAD STREET?

28 BROAD STREET is 45m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of terraced houses houses in Bungay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bungay, and where 28 BROAD STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 28 BROAD STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bungay.

28 BROAD STREET: Plot and Title Map

28 BROAD STREET sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 28 BROAD STREET, 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 28 BROAD STREET). 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 28 BROAD STREET?

28 BROAD STREET is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 28 on BROAD STREET.