2, OLD MILL ROAD, ROUGHTON, NORWICH, NR11 8PE - £460,000

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

2 OLD MILL ROAD is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £460,000 in August 2018, which was around 29% above the average August 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

2 OLD MILL ROAD Sold Prices

Land registry data shows two sales for 2 OLD MILL 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. One of the two 2 OLD MILL ROAD sales was for above the average price, whilst the other was 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
2018 24 AUG	£460,000	£355,919	29% above HPI
2017 3 AUG	£225,000	£326,061	31% below HPI

2 OLD MILL 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 OLD MILL ROAD sales from August 2017 and August 2018 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2018 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 OLD MILL ROAD?

2 OLD MILL ROAD is 145m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Roughton, based on EPC data. The below chart shows the distribution of detached houses by size in Roughton, and where 2 OLD MILL ROAD lies on this distribution: 62% of detached houses are smaller than 2 OLD MILL ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Roughton.

2 OLD MILL ROAD: Plot and Title Map

2 OLD MILL ROAD sits on a plot of roughly 0.220 of an acre, or 890m². The below map shows the location of 2 OLD MILL 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 OLD MILL 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 OLD MILL ROAD?

2 OLD MILL ROAD is located in ROUGHTON, in the NR11 postcode district. The below map shows the position of No. 2 on OLD MILL ROAD.