11, OSTEND PLACE, WALCOTT, NORWICH, NR12 0NJ - £150,000

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

11 OSTEND PLACE is a large extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £150,000 in April 2014, which was around 42% below the average April 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

11 OSTEND PLACE Sold Prices

Land registry data shows four sales for 11 OSTEND PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 11 OSTEND PLACE 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
2014 24 APR	£150,000	£257,461	42% below HPI
2004 20 AUG	£115,500	£217,854	47% below HPI
2003 21 MAR	£87,000	£185,702	53% below HPI
1996 5 AUG	£30,000	£67,693	56% below HPI

11 OSTEND PLACE 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 four 11 OSTEND PLACE sales between August 1996 and April 2014 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 August 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2014 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 11 OSTEND PLACE?

11 OSTEND PLACE is 94m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 11 OSTEND PLACE lies on this distribution: 73% of detached houses are smaller than 11 OSTEND PLACE, and 26% of houses are larger. Note that EPC data is not available for all properties in Walcott.

11 OSTEND PLACE: Plot and Title Map

11 OSTEND PLACE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 11 OSTEND PLACE, 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 11 OSTEND PLACE). 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 11 OSTEND PLACE?

11 OSTEND PLACE is located in WALCOTT, in the NR12 postcode district. The below map shows the position of No. 11 on OSTEND PLACE.