38, GREENACRES, LITTLE MELTON, NORWICH, NR9 3QU - £309,950

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.

38 GREENACRES is a midsized detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £622,686. It was last sold for £309,950 in June 2009, which was around 41% above the average June 2009 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

38 GREENACRES Sold Prices

Land registry data shows three sales for 38 GREENACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 38 GREENACRES 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
2009 29 JUN	£309,950	£219,063	41% above HPI
2007 25 JUL	£315,000	£261,831	20% above HPI
1999 20 DEC	£142,500	£104,920	36% above HPI

38 GREENACRES 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 three 38 GREENACRES sales between December 1999 and June 2009 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 July 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2009 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 38 GREENACRES be worth now?

38 GREENACRES might now be worth an estimated £622,686.

This is based on house price inflation of 100.9%, between June 2009 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.9% inflationary increase is applied to the most recent sale price for 38 GREENACRES of £309,950 on 29th June 2009. For the value to have increased from £309,950 to £622,686 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 38 GREENACRES has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2009 sale price of £309,950 represented a fair market value for the property.
• The size, condition, and specification of 38 GREENACRES has not materially changed since June 2009.

How Large is 38 GREENACRES?

38 GREENACRES is 134m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Melton, and where 38 GREENACRES lies on this distribution: 54% of detached houses houses are smaller than 38 GREENACRES, and 45% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

38 GREENACRES: Plot and Title Map

38 GREENACRES sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 38 GREENACRES, 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 38 GREENACRES). 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 38 GREENACRES?

38 GREENACRES is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 38 on GREENACRES.