3, OLD TAVERN CLOSE, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5FB - £452,000

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.

3 OLD TAVERN CLOSE is a small detached house of 99m², built sometime from 2012 onwards, which could now be worth an estimated £446,371. It was last sold for £452,000 in November 2022, which was around 4% above the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

3 OLD TAVERN CLOSE Sold Prices

Land registry data shows two sales for 3 OLD TAVERN CLOSE 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 3 OLD TAVERN CLOSE 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
2022 2 NOV	£452,000	£436,250	4% above HPI
2015 2 APR	£245,000	£275,682	11% below HPI

3 OLD TAVERN CLOSE 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 3 OLD TAVERN CLOSE sales from April 2015 and November 2022 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 April 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 OLD TAVERN CLOSE be worth now?

3 OLD TAVERN CLOSE might now be worth an estimated £446,371.

This is based on house price deflation of 1.2%, between November 2022 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 1.2% deflationary decrease is applied to the most recent sale price for 3 OLD TAVERN CLOSE of £452,000 on 2nd November 2022. For the value to have decreased from £452,000 to £446,371 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 OLD TAVERN CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2022 sale price of £452,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD TAVERN CLOSE has not materially changed since November 2022.

How Large is 3 OLD TAVERN CLOSE?

3 OLD TAVERN CLOSE is 99m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potter Heigham, and where 3 OLD TAVERN CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 OLD TAVERN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

3 OLD TAVERN CLOSE: Plot and Title Map

3 OLD TAVERN CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 3 OLD TAVERN CLOSE, 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 3 OLD TAVERN CLOSE). 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 3 OLD TAVERN CLOSE?

3 OLD TAVERN CLOSE is located in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of No. 3 on OLD TAVERN CLOSE.