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

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

7 THE FOOTPATH is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £257,500 in September 2017, which was around 21% 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	£326,716	21% below HPI
2016 31 MAR	£200,000	£298,148	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 7 THE FOOTPATH lies on this distribution: 5% of detached 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 0.129 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.