10, BURNT FEN WAY, HOVETON, NORWICH, NR12 8GJ - £425,000

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

10 BURNT FEN WAY is a large detached house of 116m². It was last sold for £425,000 in November 2022, which was around 2% below the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was A, and the potential energy rating was A.

10 BURNT FEN WAY Sold Prices

Land registry data shows two sales for 10 BURNT FEN WAY 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 10 BURNT FEN WAY 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
2022 14 NOV	£425,000	£432,068	2% below HPI
2015 2 JUN	£250,000	£271,753	8% below HPI

10 BURNT FEN WAY 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 10 BURNT FEN WAY sales from June 2015 and November 2022 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 June 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 10 BURNT FEN WAY?

10 BURNT FEN WAY is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 10 BURNT FEN WAY lies on this distribution: 62% of detached houses are smaller than 10 BURNT FEN WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

10 BURNT FEN WAY: Plot and Title Map

10 BURNT FEN WAY sits on a plot of roughly 50.2 acres, or 203,251m². The below map shows the location of 10 BURNT FEN WAY, 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 10 BURNT FEN WAY). 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 10 BURNT FEN WAY?

10 BURNT FEN WAY is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 10 on BURNT FEN WAY.