15A, LATCHMOOR PARK, LUDHAM, GREAT YARMOUTH, NR29 5RA - £285,000

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

15A LATCHMOOR PARK is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £285,000 in February 2022, which was around 33% below the average February 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

15A LATCHMOOR PARK Sold Prices

Land registry data shows two sales for 15A LATCHMOOR PARK 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 15A LATCHMOOR PARK 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 18 FEB	£285,000	£426,083	33% below HPI
1998 23 JAN	£55,000	£78,696	30% below HPI

15A LATCHMOOR PARK 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 15A LATCHMOOR PARK sales from January 1998 and February 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 January 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 15A LATCHMOOR PARK?

15A LATCHMOOR PARK is 81m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where 15A LATCHMOOR PARK lies on this distribution: 18% of detached houses are smaller than 15A LATCHMOOR PARK, and 80% of houses are larger. Note that EPC data is not available for all properties in Ludham.

15A LATCHMOOR PARK: Plot and Title Map

15A LATCHMOOR PARK sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 15A LATCHMOOR PARK, 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 15A LATCHMOOR PARK). 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 15A LATCHMOOR PARK?

15A LATCHMOOR PARK is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 15A on LATCHMOOR PARK.