LUQA, LOWER STAITHE ROAD, STALHAM, NORWICH, NR12 9BU - £305,000

LUQA is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £305,000 in April 2017, which was around 4% below the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

LUQA Sold Prices

Land registry data shows two sales for LUQA 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 LUQA 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
2017 11 APR	£305,000	£316,870	4% below HPI
2015 6 NOV	£249,950	£301,002	17% below HPI

LUQA 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 LUQA sales from November 2015 and April 2017 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 November 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is LUQA?

LUQA is 120m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where LUQA lies on this distribution: 60% of detached houses are smaller than LUQA, and 39% of houses are larger. Note that EPC data is not available for all properties in Stalham.

LUQA: Plot and Title Map

LUQA sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of LUQA, 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 LUQA). 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 LUQA?

LUQA is located on LOWER STAITHE ROAD in STALHAM, in the NR12 postcode district. The below map shows the position of LUQA on LOWER STAITHE ROAD.