7, PIKES NURSERY, LUDHAM, GREAT YARMOUTH, NR29 5NW - £270,000

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

7 PIKES NURSERY is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £270,000 in November 2020, which was around 30% below the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

7 PIKES NURSERY Sold Prices

Land registry data shows two sales for 7 PIKES NURSERY 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. One of the two 7 PIKES NURSERY sales was for below the average price, whilst the other was roughly equal to 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 16 NOV	£270,000	£385,383	30% below HPI
1998 12 JUN	£85,000	£85,067	Close to HPI

7 PIKES NURSERY 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 7 PIKES NURSERY sales from June 1998 and November 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 June 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 PIKES NURSERY?

7 PIKES NURSERY is 129m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where 7 PIKES NURSERY lies on this distribution: 67% of detached houses are smaller than 7 PIKES NURSERY, and 32% of houses are larger. Note that EPC data is not available for all properties in Ludham.

7 PIKES NURSERY: Plot and Title Map

7 PIKES NURSERY sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 7 PIKES NURSERY, 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 PIKES NURSERY). 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 7 PIKES NURSERY?

7 PIKES NURSERY is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 7 on PIKES NURSERY.