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
7 GROVE LANE is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £640,000 in January 2024, which was around 51% above the average January 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 GROVE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 7 GROVE LANE sales were for above 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 |
---|---|---|---|
2024 9 JAN | £640,000 | £424,282 | 51% above HPI |
2017 31 MAR | £420,000 | £316,743 | 33% above HPI |
2002 28 JUN | £217,500 | £155,211 | 40% above HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 7 GROVE LANE sales between June 2002 and January 2024 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 March 2017 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2024 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.
7 GROVE LANE is 130m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Holt, based on EPC data. The below chart shows the distribution of detached houses by size in Holt, and where 7 GROVE LANE lies on this distribution: 71% of detached houses are smaller than 7 GROVE LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Holt.
7 GROVE LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 7 GROVE LANE, 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 7 GROVE LANE). 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.
7 GROVE LANE is located in HOLT, in the NR25 postcode district. The below map shows the position of No. 7 on GROVE LANE.