2, HANNANT ROAD, NORTH WALSHAM, NR28 9ES - £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.

2 HANNANT ROAD is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £374,478. It was last sold for £240,000 in January 2015, which was around 12% below the average January 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

2 HANNANT ROAD Sold Prices

Land registry data shows two sales for 2 HANNANT ROAD 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 2 HANNANT ROAD 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
2015 30 JAN	£240,000	£271,431	12% below HPI
2012 13 AUG	£163,000	£236,920	31% below HPI

2 HANNANT ROAD 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 2 HANNANT ROAD sales from August 2012 and January 2015 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 HANNANT ROAD be worth now?

2 HANNANT ROAD might now be worth an estimated £374,478.

This is based on house price inflation of 56%, between January 2015 and March 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56% inflationary increase is applied to the most recent sale price for 2 HANNANT ROAD of £240,000 on 30th January 2015. For the value to have increased from £240,000 to £374,478 over the nine years and ten months to March 2025, the following assumptions must hold true:

• The value of 2 HANNANT ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HANNANT ROAD has not materially changed since January 2015.

How Large is 2 HANNANT ROAD?

2 HANNANT ROAD is 83m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 2 HANNANT ROAD lies on this distribution: 28% of detached houses houses are smaller than 2 HANNANT ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 HANNANT ROAD: Plot and Title Map

2 HANNANT ROAD sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 2 HANNANT ROAD, 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 2 HANNANT ROAD). 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 2 HANNANT ROAD?

2 HANNANT ROAD is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on HANNANT ROAD.