WATERS EDGE, ROPES HILL, HORNING, NORWICH, NR12 8PA - £690,000

WATERS EDGE is a very large extended detached house of 204m², built sometime between 1900 and 1929. It was last sold for £690,000 in March 2016, which was around 130% above the average March 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

WATERS EDGE Sold Prices

Land registry data shows two sales for WATERS EDGE 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 WATERS EDGE sales were 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
2016 11 MAR	£690,000	£299,942	130% above HPI
2007 18 JUL	£650,000	£244,032	166% above HPI

WATERS EDGE 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 WATERS EDGE sales from July 2007 and March 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 July 2007 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the March 2016 sale, where it falls to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is WATERS EDGE?

WATERS EDGE is 204m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 WATERS EDGE lies on this distribution: 87% of detached houses are smaller than WATERS EDGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Horning.

WATERS EDGE: Plot and Title Map

WATERS EDGE sits on a plot of roughly 0.604 of an acre, or 2,446m². The below map shows the location of WATERS EDGE, 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 WATERS EDGE). 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 WATERS EDGE?

WATERS EDGE is located on ROPES HILL in HORNING, in the NR12 postcode district. The below map shows the position of WATERS EDGE on ROPES HILL.