4, OSTEND PLACE, WALCOTT, NORWICH, NR12 0NJ - £290,000

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 OSTEND PLACE is a midsized extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £290,000 in June 2024, which was around 31% below the average June 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

4 OSTEND PLACE Sold Prices

Land registry data shows three sales for 4 OSTEND PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 4 OSTEND PLACE 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
2024 28 JUN	£290,000	£419,510	31% below HPI
2016 9 SEP	£110,000	£309,333	64% below HPI
2001 19 DEC	£65,000	£133,296	51% below HPI

4 OSTEND PLACE 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 three 4 OSTEND PLACE sales between December 2001 and June 2024 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 2016 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the June 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 OSTEND PLACE?

4 OSTEND PLACE is 85m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 4 OSTEND PLACE lies on this distribution: 59% of detached houses are smaller than 4 OSTEND PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Walcott.

4 OSTEND PLACE: Plot and Title Map

4 OSTEND PLACE sits on a plot of roughly 0.120 of an acre, or 488m². The below map shows the location of 4 OSTEND PLACE, 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 OSTEND PLACE). 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 OSTEND PLACE?

4 OSTEND PLACE is located in WALCOTT, in the NR12 postcode district. The below map shows the position of No. 4 on OSTEND PLACE.