OAKLEA, SCHOOL ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LW - £250,000

OAKLEA is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £250,000 in October 2023, which was around 42% below the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

OAKLEA Sold Prices

Land registry data shows two sales for OAKLEA 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 OAKLEA 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
2023 24 OCT	£250,000	£434,369	42% below HPI
2011 16 DEC	£173,000	£239,019	28% below HPI

OAKLEA 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 OAKLEA sales from December 2011 and October 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 December 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is OAKLEA?

OAKLEA is 76m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where OAKLEA lies on this distribution: 5% of detached houses are smaller than OAKLEA, and 94% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on SCHOOL ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of OAKLEA on SCHOOL ROAD.