KINGSWOOD, NEATISHEAD ROAD, HORNING, NORWICH, NR12 8LB - £265,000

KINGSWOOD is a very small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £265,000 in October 2018, which was around 25% below the average October 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was E.

KINGSWOOD Sold Prices

Land registry data shows five sales for KINGSWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five KINGSWOOD 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
2018 4 OCT	£265,000	£353,446	25% below HPI
2016 16 SEP	£228,000	£309,333	26% below HPI
2014 27 JUN	£207,000	£266,585	22% below HPI
2002 5 AUG	£150,000	£157,156	5% below HPI
1997 14 JAN	£55,500	£70,680	21% below HPI

KINGSWOOD 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 five KINGSWOOD sales between January 1997 and October 2018 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is KINGSWOOD?

KINGSWOOD is 80m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where KINGSWOOD lies on this distribution: 12% of detached houses are smaller than KINGSWOOD, and 88% of houses are larger. Note that EPC data is not available for all properties in Horning.

KINGSWOOD: Plot and Title Map

KINGSWOOD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of KINGSWOOD, 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 KINGSWOOD). 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 KINGSWOOD?

KINGSWOOD is located on NEATISHEAD ROAD in HORNING, in the NR12 postcode district. The below map shows the position of KINGSWOOD on NEATISHEAD ROAD.