48, THE STREET, GELDESTON, BECCLES, NR34 0LB - £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

48 THE STREET is a very small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £170,000 in April 2014, which was around 32% below the average April 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

48 THE STREET Sold Prices

Land registry data shows three sales for 48 THE STREET 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 48 THE STREET 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 17 APR	£170,000	£250,166	32% below HPI
2005 15 JUL	£160,000	£225,127	29% below HPI
2004 12 OCT	£147,500	£225,527	35% below HPI

48 THE STREET 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 48 THE STREET sales between October 2004 and April 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 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 THE STREET?

48 THE STREET is 89m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Geldeston, based on EPC data. The below chart shows the distribution of detached houses by size in Geldeston, and where 48 THE STREET lies on this distribution: 15% of detached houses are smaller than 48 THE STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Geldeston.

48 THE STREET: Plot and Title Map

48 THE STREET sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 48 THE STREET, 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 48 THE STREET). 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 48 THE STREET?

48 THE STREET is located in GELDESTON, in the NR34 postcode district. The below map shows the position of No. 48 on THE STREET.