7, THE FOOTPATH, PORINGLAND, NORWICH, NR14 7RF - £257,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 THE FOOTPATH is a very small extended detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £336,319. It was last sold for £257,500 in September 2017, which was around 24% below the average September 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

7 THE FOOTPATH Sold Prices

Land registry data shows two sales for 7 THE FOOTPATH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 7 THE FOOTPATH 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
2017 8 SEP	£257,500	£336,955	24% below HPI
2016 31 MAR	£200,000	£307,491	35% below HPI

7 THE FOOTPATH 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 two 7 THE FOOTPATH sales from March 2016 and September 2017 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 THE FOOTPATH be worth now?

7 THE FOOTPATH might now be worth an estimated £336,319.

This is based on house price inflation of 30.6%, between September 2017 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 7 THE FOOTPATH of £257,500 on 8th September 2017. For the value to have increased from £257,500 to £336,319 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 THE FOOTPATH has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2017 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 7 THE FOOTPATH has not materially changed since September 2017.

How Large is 7 THE FOOTPATH?

7 THE FOOTPATH is 67m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poringland, and where 7 THE FOOTPATH lies on this distribution: 5% of detached houses houses are smaller than 7 THE FOOTPATH, and 94% of houses are larger. Note that EPC data is not available for all properties in Poringland.

7 THE FOOTPATH: Plot and Title Map

7 THE FOOTPATH sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 7 THE FOOTPATH, 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 THE FOOTPATH). 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 THE FOOTPATH?

7 THE FOOTPATH is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 7 on THE FOOTPATH.