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
18 THE MEADOWS is a small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £265,000 in July 2023, which was around 36% below the average July 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 18 THE MEADOWS since 1st 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 18 THE MEADOWS 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 |
---|---|---|---|
2023 11 JUL | £265,000 | £413,837 | 36% below HPI |
2011 17 JUN | £190,000 | £227,020 | 16% below HPI |
1996 2 FEB | £60,000 | £69,150 | 13% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 18 THE MEADOWS sales between February 1996 and July 2023 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
18 THE MEADOWS is 87m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Thurton, based on EPC data. The below chart shows the distribution of detached houses by size in Thurton, and where 18 THE MEADOWS lies on this distribution: 20% of detached houses are smaller than 18 THE MEADOWS, and 80% of houses are larger. Note that EPC data is not available for all properties in Thurton.
18 THE MEADOWS sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 18 THE MEADOWS, 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 THE MEADOWS). 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.
18 THE MEADOWS is located in THURTON, in the NR14 postcode district. The below map shows the position of No. 18 on THE MEADOWS.