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

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 MARKET PLACE is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £586,790. It was last sold for £530,000 in June 2024, which was around 33% 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	£397,502	33% above HPI
2014 4 SEP	£400,000	£281,771	42% above HPI
2001 23 AUG	£190,000	£140,416	35% 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2024 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 MARKET PLACE be worth now?

2 MARKET PLACE might now be worth an estimated £586,790.

This is based on house price inflation of 10.7%, between June 2024 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.7% inflationary increase is applied to the most recent sale price for 2 MARKET PLACE of £530,000 on 14th June 2024. For the value to have increased from £530,000 to £586,790 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 MARKET PLACE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2024 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARKET PLACE has not materially changed since June 2024.

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 houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddon, and where 2 MARKET PLACE lies on this distribution: 64% of detached houses houses are smaller than 2 MARKET PLACE, and 36% 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.