2, THE STREET, ACLE, NORWICH, NR13 3DX - £485,000

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 THE STREET is a very large detached house of 160m², built sometime between 1991 and 1995. It was last sold for £485,000 in March 2021, which was around 35% above the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

2 THE STREET Sold Prices

Land registry data shows four sales for 2 THE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 2 THE STREET 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 17 MAR	£485,000	£360,070	35% above HPI
2016 1 JUN	£380,000	£307,659	24% above HPI
2004 30 JAN	£270,000	£194,683	39% above HPI
1996 24 OCT	£32,000	£73,366	56% below HPI

2 THE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 2 THE STREET sales between October 1996 and March 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 June 2016 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 2 THE STREET?

2 THE STREET is 160m² according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 2 THE STREET lies on this distribution: 91% of detached houses are smaller than 2 THE STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Acle.

2 THE STREET: Plot and Title Map

2 THE STREET sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 2 THE STREET, 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 STREET). 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 THE STREET?

2 THE STREET is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 2 on THE STREET.