THE LAURELS, BRUMSTEAD ROAD, STALHAM, NORWICH, NR12 9DQ - £215,000

THE LAURELS is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £215,000 in February 2015, which was around 21% below the average February 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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. One of the two THE LAURELS sales was for below the average price, whilst the other was for above 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
2015 23 FEB	£215,000	£270,784	21% below HPI
2009 3 APR	£235,000	£216,878	8% above HPI

THE LAURELS 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 THE LAURELS sales from April 2009 and February 2015 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 April 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 113m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where THE LAURELS lies on this distribution: 55% of detached houses are smaller than THE LAURELS, and 45% of houses are larger. Note that EPC data is not available for all properties in Stalham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.224 of an acre, or 909m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on BRUMSTEAD ROAD in STALHAM, in the NR12 postcode district. The below map shows the position of THE LAURELS on BRUMSTEAD ROAD.