LAUREL HOUSE, CHAPEL HILL, WOODTON, BUNGAY, NR35 2NX - £500,000

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.

LAUREL HOUSE is a midsized detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £508,742. It was last sold for £500,000 in October 2023, which was around 20% above the average October 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

LAUREL HOUSE Sold Prices

Land registry data shows three sales for LAUREL HOUSE 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. All of the three LAUREL HOUSE 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
2023 23 OCT	£500,000	£416,677	20% above HPI
1999 10 SEP	£155,000	£99,891	55% above HPI
1998 27 FEB	£126,500	£86,382	46% above HPI

LAUREL HOUSE 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 LAUREL HOUSE sales between February 1998 and October 2023 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 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2023 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might LAUREL HOUSE be worth now?

LAUREL HOUSE might now be worth an estimated £508,742.

This is based on house price inflation of 1.7%, between October 2023 and June 2025, 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 1.7% inflationary increase is applied to the most recent sale price for LAUREL HOUSE of £500,000 on 23rd October 2023. For the value to have increased from £500,000 to £508,742 over the two years and four months to June 2025, the following assumptions must hold true:

• The value of LAUREL HOUSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL HOUSE has not materially changed since October 2023.

How Large is LAUREL HOUSE?

LAUREL HOUSE is 134m² according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodton, and where LAUREL HOUSE lies on this distribution: 54% of detached houses houses are smaller than LAUREL HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Woodton.

LAUREL HOUSE: Plot and Title Map

LAUREL HOUSE sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL HOUSE?

LAUREL HOUSE is located on CHAPEL HILL in WOODTON, in the NR35 postcode district. The below map shows the position of LAUREL HOUSE on CHAPEL HILL.