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

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 OLD MILL ROAD is a large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £551,463. It was last sold for £460,000 in August 2018, which was around 28% 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	£359,364	28% above HPI
2017 3 AUG	£225,000	£329,217	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 OLD MILL ROAD be worth now?

2 OLD MILL ROAD might now be worth an estimated £551,463.

This is based on house price inflation of 19.9%, between August 2018 and February 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 19.9% inflationary increase is applied to the most recent sale price for 2 OLD MILL ROAD of £460,000 on 24th August 2018. For the value to have increased from £460,000 to £551,463 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 OLD MILL ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2018 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD MILL ROAD has not materially changed since August 2018.

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 houses in Roughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Roughton, and where 2 OLD MILL ROAD lies on this distribution: 62% of detached houses 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.