OLD SCHOOL BUNGALOW, LODDON ROAD, GILLINGHAM, BECCLES, NR34 0AG - £170,000

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.

OLD SCHOOL BUNGALOW is a small extended semi-detached house of 77m², built sometime before 1900, which could now be worth an estimated £199,063. It was last sold for £170,000 in January 2021, which was around 28% below the average January 2021 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

OLD SCHOOL BUNGALOW Sold Prices

Land registry data shows two sales for OLD SCHOOL BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two OLD SCHOOL BUNGALOW 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
2021 14 JAN	£170,000	£237,377	28% below HPI
1997 14 JUL	£25,000	£49,708	50% below HPI

OLD SCHOOL BUNGALOW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two OLD SCHOOL BUNGALOW sales from July 1997 and January 2021 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 July 1997 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might OLD SCHOOL BUNGALOW be worth now?

OLD SCHOOL BUNGALOW might now be worth an estimated £199,063.

This is based on house price inflation of 17.1%, between January 2021 and August 2025, for semi-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 17.1% inflationary increase is applied to the most recent sale price for OLD SCHOOL BUNGALOW of £170,000 on 14th January 2021. For the value to have increased from £170,000 to £199,063 over the three years and five months to August 2025, the following assumptions must hold true:

• The value of OLD SCHOOL BUNGALOW has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The January 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL BUNGALOW has not materially changed since January 2021.

How Large is OLD SCHOOL BUNGALOW?

OLD SCHOOL BUNGALOW is 77m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where OLD SCHOOL BUNGALOW lies on this distribution: 20% of semi-detached houses houses are smaller than OLD SCHOOL BUNGALOW, and 80% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

OLD SCHOOL BUNGALOW: Plot and Title Map

OLD SCHOOL BUNGALOW sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of OLD SCHOOL BUNGALOW, 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 OLD SCHOOL BUNGALOW). 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 OLD SCHOOL BUNGALOW?

OLD SCHOOL BUNGALOW is located on LODDON ROAD in GILLINGHAM, in the NR34 postcode district. The below map shows the position of OLD SCHOOL BUNGALOW on LODDON ROAD.