7, NORWICH ROAD, DITCHINGHAM, BUNGAY, NR35 2JJ - £475,000

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.

7 NORWICH ROAD is a very large extended detached house of 166m², built sometime between 1900 and 1929, which could now be worth an estimated £504,398. It was last sold for £475,000 in February 2022, which was around 17% above the average February 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

7 NORWICH ROAD Sold Prices

Land registry data shows four sales for 7 NORWICH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the four 7 NORWICH ROAD 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
2022 1 FEB	£475,000	£407,153	17% above HPI
2014 23 SEP	£325,000	£281,771	15% above HPI
2011 15 APR	£286,000	£238,136	20% above HPI
2006 15 SEP	£180,000	£248,363	28% below HPI

7 NORWICH ROAD 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 four 7 NORWICH ROAD sales between September 2006 and February 2022 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 September 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 7 NORWICH ROAD be worth now?

7 NORWICH ROAD might now be worth an estimated £504,398.

This is based on house price inflation of 6.2%, between February 2022 and May 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 6.2% inflationary increase is applied to the most recent sale price for 7 NORWICH ROAD of £475,000 on 1st February 2022. For the value to have increased from £475,000 to £504,398 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 NORWICH ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORWICH ROAD has not materially changed since February 2022.

How Large is 7 NORWICH ROAD?

7 NORWICH ROAD is 166m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% 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 7 NORWICH ROAD lies on this distribution: 96% of detached houses houses are smaller than 7 NORWICH ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

7 NORWICH ROAD: Plot and Title Map

7 NORWICH ROAD sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 7 NORWICH ROAD, 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 7 NORWICH ROAD). 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 7 NORWICH ROAD?

7 NORWICH ROAD is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 7 on NORWICH ROAD.