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
58 NEWLANDS ESTATE is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £201,000 in September 2020, which was around 46% below the average September 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 58 NEWLANDS ESTATE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 58 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 |
---|---|---|---|
2020 18 SEP | £201,000 | £374,049 | 46% below HPI |
2004 3 SEP | £155,000 | £219,900 | 30% below HPI |
2002 5 APR | £78,500 | £142,489 | 45% below HPI |
2000 27 APR | £75,000 | £101,907 | 26% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 58 NEWLANDS ESTATE sales between April 2000 and September 2020 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 September 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
58 NEWLANDS ESTATE is 91m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where 58 NEWLANDS ESTATE lies on this distribution: 31% of detached houses are smaller than 58 NEWLANDS ESTATE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bacton.
58 NEWLANDS ESTATE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 58 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 58 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.
58 NEWLANDS ESTATE is located in BACTON, in the NR12 postcode district. The below map shows the position of No. 58 on NEWLANDS ESTATE.