1, GREBE ISLAND, LOWER STREET, HORNING, NORWICH, NR12 8PF - £468,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREBE ISLAND is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £468,000 in February 2021, which was around 25% above the average February 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was F.

1 GREBE ISLAND Sold Prices

Land registry data shows two sales for 1 GREBE ISLAND 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 1 GREBE ISLAND 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
2021 19 FEB	£468,000	£375,732	25% above HPI
2014 28 APR	£430,000	£257,461	67% above HPI

1 GREBE ISLAND 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 1 GREBE ISLAND sales from April 2014 and February 2021 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 2014 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the February 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 GREBE ISLAND?

1 GREBE ISLAND is 66m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where 1 GREBE ISLAND lies on this distribution: 4% of detached houses are smaller than 1 GREBE ISLAND, and 96% of houses are larger. Note that EPC data is not available for all properties in Horning.

1 GREBE ISLAND: Plot and Title Map

1 GREBE ISLAND sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 1 GREBE ISLAND, 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 1 GREBE ISLAND). 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 1 GREBE ISLAND?

1 GREBE ISLAND is located on LOWER STREET in HORNING, in the NR12 postcode district. The below map shows the position of 1 GREBE ISLAND on LOWER STREET.