THE OAKS, YARMOUTH ROAD, ELLINGHAM, BUNGAY, NR35 2PH - £430,000

THE OAKS is a large detached house of 107m², built sometime from 2007 onwards. It was last sold for £430,000 in September 2023, which was around 5% above the average September 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS 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. Two of the three THE OAKS sales were for above the average price, whilst one was 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
2023 14 SEP	£430,000	£408,588	5% above HPI
2015 10 JUL	£320,000	£276,945	16% above HPI
1997 23 MAY	£52,850	£78,554	33% below HPI

THE OAKS 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 THE OAKS sales between May 1997 and September 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 July 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE OAKS?

THE OAKS is 107m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Ellingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ellingham, and where THE OAKS lies on this distribution: 77% of detached houses are smaller than THE OAKS, and 23% of houses are larger. Note that EPC data is not available for all properties in Ellingham.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on YARMOUTH ROAD in ELLINGHAM, in the NR35 postcode district. The below map shows the position of THE OAKS on YARMOUTH ROAD.