24, TAILOR PLACE, HETHERSETT, NORWICH, NR9 3GE - £328,000

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

24 TAILOR PLACE is a small detached house of 100m². It was last sold for £328,000 in June 2021, which was around 12% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

24 TAILOR PLACE Sold Prices

Land registry data shows two sales for 24 TAILOR PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 24 TAILOR PLACE sales were 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
2021 17 JUN	£328,000	£371,330	12% below HPI
2018 25 MAY	£280,995	£330,718	15% below HPI

24 TAILOR 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 two 24 TAILOR PLACE sales from May 2018 and June 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 May 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 TAILOR PLACE?

24 TAILOR PLACE is 100m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 24 TAILOR PLACE lies on this distribution: 40% of detached houses are smaller than 24 TAILOR PLACE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

24 TAILOR PLACE: Plot and Title Map

24 TAILOR PLACE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 24 TAILOR 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 24 TAILOR 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 24 TAILOR PLACE?

24 TAILOR PLACE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 24 on TAILOR PLACE.