38, RIVERMEAD, STALHAM, NORWICH, NR12 9PH - £170,000

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

38 RIVERMEAD is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £170,000 in July 2014, which was around 36% below the average July 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

38 RIVERMEAD Sold Prices

Land registry data shows two sales for 38 RIVERMEAD 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 38 RIVERMEAD 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
2014 11 JUL	£170,000	£266,120	36% below HPI
2004 12 JUL	£143,000	£209,312	32% below HPI

38 RIVERMEAD 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 38 RIVERMEAD sales from July 2004 and July 2014 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 38 RIVERMEAD?

38 RIVERMEAD is 72m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where 38 RIVERMEAD lies on this distribution: 18% of detached houses are smaller than 38 RIVERMEAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Stalham.

38 RIVERMEAD: Plot and Title Map

38 RIVERMEAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 38 RIVERMEAD, 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 RIVERMEAD). 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 RIVERMEAD?

38 RIVERMEAD is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 38 on RIVERMEAD.