45, RIVERMEAD, STALHAM, NORWICH, NR12 9PH - £230,000

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

45 RIVERMEAD is a small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £230,000 in February 2021, which was around 39% below the average February 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

45 RIVERMEAD Sold Prices

Land registry data shows three sales for 45 RIVERMEAD 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 45 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
2021 4 FEB	£230,000	£375,732	39% below HPI
2002 18 JAN	£88,000	£135,852	35% below HPI
1997 4 SEP	£58,000	£75,402	23% below HPI

45 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 three 45 RIVERMEAD sales between September 1997 and February 2021 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 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 45 RIVERMEAD?

45 RIVERMEAD is 87m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where 45 RIVERMEAD lies on this distribution: 35% of detached houses are smaller than 45 RIVERMEAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Stalham.

45 RIVERMEAD: Plot and Title Map

45 RIVERMEAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 45 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 45 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 45 RIVERMEAD?

45 RIVERMEAD is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 45 on RIVERMEAD.