3, THE THOROUGHFARE, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LD - £174,000

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 THE THOROUGHFARE is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £174,000 in July 2003, which was around 1% below the average July 2003 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

3 THE THOROUGHFARE Sold Prices

Land registry data shows two sales for 3 THE THOROUGHFARE 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. Both of the two 3 THE THOROUGHFARE 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
2003 29 JUL	£174,000	£176,502	1% below HPI
1998 23 JAN	£67,000	£78,696	15% below HPI

3 THE THOROUGHFARE 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 THE THOROUGHFARE sales from January 1998 and July 2003 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 January 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2003 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 THE THOROUGHFARE?

3 THE THOROUGHFARE is 91m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% 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 THE THOROUGHFARE lies on this distribution: 25% of detached houses are smaller than 3 THE THOROUGHFARE, and 73% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

3 THE THOROUGHFARE: Plot and Title Map

3 THE THOROUGHFARE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 3 THE THOROUGHFARE, 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 THOROUGHFARE). 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 THOROUGHFARE?

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