Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 ROYAL OAK MEWS is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £285,000 in October 2018, which was around 17% below the average October 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 1 ROYAL OAK MEWS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 1 ROYAL OAK MEWS 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 |
---|---|---|---|
2018 30 OCT | £285,000 | £344,384 | 17% below HPI |
2012 17 SEP | £179,000 | £236,545 | 24% below HPI |
2008 11 NOV | £168,000 | £224,551 | 25% below HPI |
2000 14 APR | £86,000 | £107,350 | 20% below HPI |
1997 30 OCT | £69,950 | £80,395 | 13% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 1 ROYAL OAK MEWS sales between October 1997 and October 2018 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 September 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
1 ROYAL OAK MEWS is 72m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Hingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hingham, and where 1 ROYAL OAK MEWS lies on this distribution: 14% of detached houses are smaller than 1 ROYAL OAK MEWS, and 86% of houses are larger. Note that EPC data is not available for all properties in Hingham.
1 ROYAL OAK MEWS sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 1 ROYAL OAK MEWS, 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 ROYAL OAK MEWS). 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.
1 ROYAL OAK MEWS is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 1 on ROYAL OAK MEWS.