8, NEWLANDS ESTATE, BACTON, NORWICH, NR12 0HP - £146,000

8 NEWLANDS ESTATE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £146,000 in May 2016, which was around 52% below the average May 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

8 NEWLANDS ESTATE Sold Prices

Land registry data shows two sales for 8 NEWLANDS ESTATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 8 NEWLANDS ESTATE 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
2016 6 MAY	£146,000	£302,331	52% below HPI
2006 11 AUG	£95,000	£230,390	59% below HPI

8 NEWLANDS ESTATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 8 NEWLANDS ESTATE sales from August 2006 and May 2016 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 August 2006 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2016 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 8 NEWLANDS ESTATE?

8 NEWLANDS ESTATE is 62m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where 8 NEWLANDS ESTATE lies on this distribution: 4% of detached houses are smaller than 8 NEWLANDS ESTATE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bacton.

8 NEWLANDS ESTATE: Plot and Title Map

8 NEWLANDS ESTATE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 8 NEWLANDS ESTATE, 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 8 NEWLANDS ESTATE). 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 8 NEWLANDS ESTATE?

8 NEWLANDS ESTATE is located in BACTON, in the NR12 postcode district. The below map shows the position of No. 8 on NEWLANDS ESTATE.