2, MARKET PLACE, LODDON, NORWICH, NR14 6EY - £530,000

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

2 MARKET PLACE is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £530,000 in June 2024, which was around 32% above the average June 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 MARKET PLACE Sold Prices

Land registry data shows three sales for 2 MARKET PLACE since 1^st 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 2 MARKET PLACE sales were for above 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
2024 14 JUN	£530,000	£402,589	32% above HPI
2014 4 SEP	£400,000	£273,209	46% above HPI
2001 23 AUG	£190,000	£136,149	40% above HPI

2 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 three 2 MARKET PLACE sales between August 2001 and June 2024 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 September 2014 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2024 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 MARKET PLACE?

2 MARKET PLACE is 135m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 2 MARKET PLACE lies on this distribution: 64% of detached houses are smaller than 2 MARKET PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Loddon.

2 MARKET PLACE: Plot and Title Map

2 MARKET PLACE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 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 2 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 2 MARKET PLACE?

2 MARKET PLACE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 2 on MARKET PLACE.