16, UPGATE, PORINGLAND, NORWICH, NR14 7SH - £189,000

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

16 UPGATE is a very small extended detached house of 76m², built sometime between 1930 and 1949. It was last sold for £189,000 in September 2013, which was around 23% below the average September 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

16 UPGATE Sold Prices

Land registry data shows two sales for 16 UPGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 16 UPGATE 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
2013 30 SEP	£189,000	£246,373	23% below HPI
1998 19 NOV	£72,600	£89,285	19% below HPI

16 UPGATE 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 two 16 UPGATE sales from November 1998 and September 2013 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 November 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 UPGATE?

16 UPGATE is 76m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 16 UPGATE lies on this distribution: 12% of detached houses are smaller than 16 UPGATE, and 87% of houses are larger. Note that EPC data is not available for all properties in Poringland.

16 UPGATE: Plot and Title Map

16 UPGATE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 16 UPGATE, 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 16 UPGATE). 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 16 UPGATE?

16 UPGATE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 16 on UPGATE.