4, FORGE ORCHARDS, MULBARTON, NORWICH, NR14 8JH - £280,000

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

4 FORGE ORCHARDS is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £280,000 in April 2016, which was around 6% below the average April 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

4 FORGE ORCHARDS Sold Prices

Land registry data shows four sales for 4 FORGE ORCHARDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 4 FORGE ORCHARDS 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
2016 4 APR	£280,000	£297,615	6% below HPI
2011 11 JUL	£198,000	£228,976	14% below HPI
2007 17 DEC	£180,000	£255,429	30% below HPI
2002 10 DEC	£125,000	£173,580	28% below HPI

4 FORGE ORCHARDS 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 four 4 FORGE ORCHARDS sales between December 2002 and April 2016 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 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 FORGE ORCHARDS?

4 FORGE ORCHARDS is 68m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 4 FORGE ORCHARDS lies on this distribution: 2% of detached houses are smaller than 4 FORGE ORCHARDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

4 FORGE ORCHARDS: Plot and Title Map

4 FORGE ORCHARDS sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 4 FORGE ORCHARDS, 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 4 FORGE ORCHARDS). 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 4 FORGE ORCHARDS?

4 FORGE ORCHARDS is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 4 on FORGE ORCHARDS.