54, NEWLANDS ESTATE, BACTON, NORWICH, NR12 0HP - £295,000

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

54 NEWLANDS ESTATE is a midsized extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £295,000 in November 2022, which was around 32% below the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

54 NEWLANDS ESTATE Sold Prices

Land registry data shows two sales for 54 NEWLANDS ESTATE 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 54 NEWLANDS ESTATE 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
2022 16 NOV	£295,000	£432,068	32% below HPI
2013 8 FEB	£184,000	£238,584	23% below HPI

54 NEWLANDS ESTATE 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 54 NEWLANDS ESTATE sales from February 2013 and November 2022 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 54 NEWLANDS ESTATE?

54 NEWLANDS ESTATE is 111m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where 54 NEWLANDS ESTATE lies on this distribution: 54% of detached houses are smaller than 54 NEWLANDS ESTATE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bacton.

54 NEWLANDS ESTATE: Plot and Title Map

54 NEWLANDS ESTATE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 54 NEWLANDS ESTATE, 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 54 NEWLANDS ESTATE). 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 54 NEWLANDS ESTATE?

54 NEWLANDS ESTATE is located in BACTON, in the NR12 postcode district. The below map shows the position of No. 54 on NEWLANDS ESTATE.