5, WILD FLOWER WAY, DITCHINGHAM, BUNGAY, NR35 2SF - £150,000

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.

5 WILD FLOWER WAY is a very small terraced house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £192,028. It was last sold for £150,000 in August 2019, which was around 17% below the average August 2019 terraced price in the South Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

5 WILD FLOWER WAY Sold Prices

Land registry data shows three sales for 5 WILD FLOWER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. All of the three 5 WILD FLOWER WAY 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
2019 2 AUG	£150,000	£180,496	17% below HPI
2013 22 MAR	£110,000	£134,765	18% below HPI
1997 25 APR	£33,000	£41,721	21% below HPI

5 WILD FLOWER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The three 5 WILD FLOWER WAY sales between April 1997 and August 2019 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 WILD FLOWER WAY be worth now?

5 WILD FLOWER WAY might now be worth an estimated £192,028.

This is based on house price inflation of 28%, between August 2019 and May 2026, for terraced 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 28% inflationary increase is applied to the most recent sale price for 5 WILD FLOWER WAY of £150,000 on 2nd August 2019. For the value to have increased from £150,000 to £192,028 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 5 WILD FLOWER WAY has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The August 2019 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WILD FLOWER WAY has not materially changed since August 2019.

How Large is 5 WILD FLOWER WAY?

5 WILD FLOWER WAY is 51m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of terraced houses houses in Ditchingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ditchingham, and where 5 WILD FLOWER WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 WILD FLOWER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

5 WILD FLOWER WAY: Plot and Title Map

5 WILD FLOWER WAY sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 5 WILD FLOWER WAY, 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 5 WILD FLOWER WAY). 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 5 WILD FLOWER WAY?

5 WILD FLOWER WAY is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 5 on WILD FLOWER WAY.