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

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

3 OLD TAVERN CLOSE is a small detached house of 99m², built sometime from 2012 onwards. It was last sold for £452,000 in November 2022, which was around 5% 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	£432,068	5% above HPI
2015 2 APR	£245,000	£273,039	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

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 in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where 3 OLD TAVERN CLOSE lies on this distribution: 32% of detached houses are smaller than 3 OLD TAVERN CLOSE, and 68% 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.