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 THE CORNFIELD is a midsized extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £680,000 in April 2021, which was around 83% above the average April 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 THE CORNFIELD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 2 THE CORNFIELD 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 |
---|---|---|---|
2021 8 APR | £680,000 | £371,133 | 83% above HPI |
2016 16 DEC | £350,000 | £310,908 | 13% above HPI |
2004 21 DEC | £250,000 | £218,071 | 15% above HPI |
1996 31 JUL | £77,500 | £68,001 | 14% above HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 2 THE CORNFIELD sales between July 1996 and April 2021 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 December 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2021 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.
2 THE CORNFIELD is 110m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 2 THE CORNFIELD lies on this distribution: 46% of detached houses are smaller than 2 THE CORNFIELD, and 54% of houses are larger. Note that EPC data is not available for all properties in Langham.
2 THE CORNFIELD sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of 2 THE CORNFIELD, 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 THE CORNFIELD). 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.
2 THE CORNFIELD is located in LANGHAM, in the NR25 postcode district. The below map shows the position of No. 2 on THE CORNFIELD.