3, THE COURTYARD, FENGATE, MARSHAM, NORWICH, NR10 5PT - £230,000

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

3 THE COURTYARD is a very small detached house of 82m², built sometime from 2012 onwards. It was last sold for £230,000 in March 2022, which was around 43% below the average March 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

3 THE COURTYARD Sold Prices

Land registry data shows four sales for 3 THE COURTYARD 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 3 THE COURTYARD 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
2022 4 MAR	£230,000	£405,618	43% below HPI
2006 13 SEP	£390,000	£239,325	63% above HPI
1997 17 NOV	£245,000	£81,295	201% above HPI
1997 26 JUN	£274,000	£75,794	262% above HPI

3 THE COURTYARD 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 3 THE COURTYARD sales between June 1997 and March 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 September 2006 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 THE COURTYARD?

3 THE COURTYARD is 82m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Marsham, based on EPC data. The below chart shows the distribution of detached houses by size in Marsham, and where 3 THE COURTYARD lies on this distribution: 8% of detached houses are smaller than 3 THE COURTYARD, and 93% of houses are larger. Note that EPC data is not available for all properties in Marsham.

3 THE COURTYARD: Plot and Title Map

3 THE COURTYARD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 3 THE COURTYARD, 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 THE COURTYARD). 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 THE COURTYARD?

3 THE COURTYARD is located on FENGATE in MARSHAM, in the NR10 postcode district. The below map shows the position of 3 THE COURTYARD on FENGATE.