12, GROVE DALE, NEWTON FLOTMAN, NORWICH, NR15 1QG - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 GROVE DALE is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £280,572. It was last sold for £240,000 in November 2020, which was around 36% below the average November 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

12 GROVE DALE Sold Prices

Land registry data shows three sales for 12 GROVE DALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 12 GROVE DALE 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
2020 18 NOV	£240,000	£376,455	36% below HPI
2016 19 AUG	£210,000	£316,401	34% below HPI
2003 16 JUL	£127,000	£195,356	35% below HPI

12 GROVE DALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 12 GROVE DALE sales between July 2003 and November 2020 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 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 12 GROVE DALE be worth now?

12 GROVE DALE might now be worth an estimated £280,572.

This is based on house price inflation of 16.9%, between November 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 12 GROVE DALE of £240,000 on 18th November 2020. For the value to have increased from £240,000 to £280,572 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 GROVE DALE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GROVE DALE has not materially changed since November 2020.

How Large is 12 GROVE DALE?

12 GROVE DALE is 67m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where 12 GROVE DALE lies on this distribution: 4% of detached houses houses are smaller than 12 GROVE DALE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

12 GROVE DALE: Plot and Title Map

12 GROVE DALE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 12 GROVE DALE, 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 12 GROVE DALE). 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 12 GROVE DALE?

12 GROVE DALE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 12 on GROVE DALE.