JASMINE HOUSE, LABURNUM ROAD, BUNGAY, NR35 1BL - £320,000

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.

JASMINE HOUSE is a midsized extended detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £326,767. It was last sold for £320,000 in April 2024, which was around 23% below the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

JASMINE HOUSE Sold Prices

Land registry data shows five sales for JASMINE HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five JASMINE HOUSE 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
2024 26 APR	£320,000	£414,285	23% below HPI
2021 31 MAR	£295,000	£371,477	21% below HPI
2008 1 AUG	£235,000	£250,814	6% below HPI
2006 24 AUG	£188,500	£235,554	20% below HPI
2005 27 JUL	£182,000	£223,345	19% below HPI

JASMINE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The five JASMINE HOUSE sales between July 2005 and April 2024 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 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might JASMINE HOUSE be worth now?

JASMINE HOUSE might now be worth an estimated £326,767.

This is based on house price inflation of 2.1%, between April 2024 and February 2025, for detached 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 2.1% inflationary increase is applied to the most recent sale price for JASMINE HOUSE of £320,000 on 26th April 2024. For the value to have increased from £320,000 to £326,767 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of JASMINE HOUSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE HOUSE has not materially changed since April 2024.

How Large is JASMINE HOUSE?

JASMINE HOUSE is 98m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bungay, and where JASMINE HOUSE lies on this distribution: 52% of detached houses houses are smaller than JASMINE HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bungay.

JASMINE HOUSE: Plot and Title Map

JASMINE HOUSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of JASMINE HOUSE, 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 JASMINE HOUSE). 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 JASMINE HOUSE?

JASMINE HOUSE is located on LABURNUM ROAD in BUNGAY, in the NR35 postcode district. The below map shows the position of JASMINE HOUSE on LABURNUM ROAD.