18, MARKET PLACE, LODDON, NORWICH, NR14 6EY - £295,000

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

18 MARKET PLACE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £295,000 in July 2017, which was around 8% below the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

18 MARKET PLACE Sold Prices

Land registry data shows two sales for 18 MARKET PLACE 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 18 MARKET 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
2017 27 JUL	£295,000	£318,977	8% below HPI
2000 14 JUN	£74,950	£111,772	33% below HPI

18 MARKET PLACE 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 18 MARKET PLACE sales from June 2000 and July 2017 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 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 18 MARKET PLACE?

18 MARKET PLACE is 100m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 18 MARKET PLACE lies on this distribution: 25% of detached houses are smaller than 18 MARKET PLACE, and 75% of houses are larger. Note that EPC data is not available for all properties in Loddon.

18 MARKET PLACE: Plot and Title Map

18 MARKET PLACE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 18 MARKET 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 18 MARKET 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 18 MARKET PLACE?

18 MARKET PLACE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 18 on MARKET PLACE.