5, WOODS CLOSE, DITCHINGHAM, BUNGAY, NR35 2RY - £259,750

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 WOODS CLOSE is a very large extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £342,008. It was last sold for £259,750 in March 2017, which was around 21% below the average March 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

5 WOODS CLOSE Sold Prices

Land registry data shows three sales for 5 WOODS CLOSE 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. One of the three 5 WOODS CLOSE sales was for below the average price, whilst two 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
2017 24 MAR	£259,750	£327,107	21% below HPI
1999 14 DEC	£110,000	£104,920	5% above HPI
1998 16 MAR	£92,000	£84,646	9% above HPI

5 WOODS CLOSE 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 5 WOODS CLOSE sales between March 1998 and March 2017 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 December 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 WOODS CLOSE be worth now?

5 WOODS CLOSE might now be worth an estimated £342,008.

This is based on house price inflation of 31.7%, between March 2017 and April 2026, 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 31.7% inflationary increase is applied to the most recent sale price for 5 WOODS CLOSE of £259,750 on 24th March 2017. For the value to have increased from £259,750 to £342,008 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 WOODS CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2017 sale price of £259,750 represented a fair market value for the property.
• The size, condition, and specification of 5 WOODS CLOSE has not materially changed since March 2017.

How Large is 5 WOODS CLOSE?

5 WOODS CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ditchingham, and where 5 WOODS CLOSE lies on this distribution: 86% of detached houses houses are smaller than 5 WOODS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

5 WOODS CLOSE: Plot and Title Map

5 WOODS CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 5 WOODS CLOSE, 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 WOODS CLOSE). 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 WOODS CLOSE?

5 WOODS CLOSE is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 5 on WOODS CLOSE.