5, OSTEND PLACE, WALCOTT, NORWICH, NR12 0NJ - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 OSTEND PLACE is a small extended detached house of 68m², built sometime between 1930 and 1949. It was last sold for £165,000 in October 2019, which was around 54% below the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

5 OSTEND PLACE Sold Prices

Land registry data shows two sales for 5 OSTEND PLACE 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 5 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
2019 11 OCT	£165,000	£355,649	54% below HPI
2013 14 FEB	£95,000	£238,584	60% below HPI

5 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 two 5 OSTEND PLACE sales from February 2013 and October 2019 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 February 2013 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2019 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 5 OSTEND PLACE?

5 OSTEND PLACE is 68m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 5 OSTEND PLACE lies on this distribution: 30% of detached houses are smaller than 5 OSTEND PLACE, and 68% of houses are larger. Note that EPC data is not available for all properties in Walcott.

5 OSTEND PLACE: Plot and Title Map

5 OSTEND PLACE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 5 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 5 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 5 OSTEND PLACE?

5 OSTEND PLACE is located in WALCOTT, in the NR12 postcode district. The below map shows the position of No. 5 on OSTEND PLACE.