8, ALDERFEN WAY, HOVETON, NORWICH, NR12 8GA - £310,000

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

8 ALDERFEN WAY is a midsized detached house of 105m². It was last sold for £310,000 in February 2019, which was around 11% below the average February 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

8 ALDERFEN WAY Sold Prices

Land registry data shows three sales for 8 ALDERFEN WAY since 1^st 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 8 ALDERFEN WAY 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
2019 27 FEB	£310,000	£349,463	11% below HPI
2016 26 FEB	£275,000	£294,213	7% below HPI
2015 9 MAR	£249,950	£273,735	9% below HPI

8 ALDERFEN WAY 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 three 8 ALDERFEN WAY sales between March 2015 and February 2019 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 February 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 ALDERFEN WAY?

8 ALDERFEN WAY is 105m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 8 ALDERFEN WAY lies on this distribution: 48% of detached houses are smaller than 8 ALDERFEN WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

8 ALDERFEN WAY: Plot and Title Map

8 ALDERFEN WAY sits on a plot of roughly 11.6 acres, or 47,137m². The below map shows the location of 8 ALDERFEN WAY, 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 8 ALDERFEN WAY). 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 8 ALDERFEN WAY?

8 ALDERFEN WAY is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 8 on ALDERFEN WAY.