5, UPGATE, PORINGLAND, NORWICH, NR14 7SH - £483,000

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

5 UPGATE is a large detached house of 157m². It was last sold for £483,000 in April 2018, which was around 47% above the average April 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

5 UPGATE Sold Prices

Land registry data shows three sales for 5 UPGATE 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. Two of the three 5 UPGATE sales were for above the average price, whilst one was 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
2018 3 APR	£483,000	£329,503	47% above HPI
2013 13 FEB	£378,000	£237,845	59% above HPI
2006 19 MAY	£167,500	£233,662	28% below HPI

5 UPGATE 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 5 UPGATE sales between May 2006 and April 2018 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 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2018 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 5 UPGATE?

5 UPGATE is 157m² according to the EPC inspection conducted in December 2012. This puts it in the largest 30% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 5 UPGATE lies on this distribution: 76% of detached houses are smaller than 5 UPGATE, and 24% of houses are larger. Note that EPC data is not available for all properties in Poringland.

5 UPGATE: Plot and Title Map

5 UPGATE sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of 5 UPGATE, 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 UPGATE). 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 UPGATE?

5 UPGATE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 5 on UPGATE.