8, NEWLANDS ESTATE, BACTON, NORWICH, NR12 0HP - £146,000

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.

8 NEWLANDS ESTATE is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £206,054. It was last sold for £146,000 in May 2016, which was around 52% below the average May 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

8 NEWLANDS ESTATE Sold Prices

Land registry data shows two sales for 8 NEWLANDS ESTATE 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. Both of the two 8 NEWLANDS ESTATE 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
2016 6 MAY	£146,000	£305,257	52% below HPI
2006 11 AUG	£95,000	£232,620	59% below HPI

8 NEWLANDS ESTATE 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 8 NEWLANDS ESTATE sales from August 2006 and May 2016 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 August 2006 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2016 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 8 NEWLANDS ESTATE be worth now?

8 NEWLANDS ESTATE might now be worth an estimated £206,054.

This is based on house price inflation of 41.1%, between May 2016 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for 8 NEWLANDS ESTATE of £146,000 on 6th May 2016. For the value to have increased from £146,000 to £206,054 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 8 NEWLANDS ESTATE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2016 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEWLANDS ESTATE has not materially changed since May 2016.

How Large is 8 NEWLANDS ESTATE?

8 NEWLANDS ESTATE is 62m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacton, and where 8 NEWLANDS ESTATE lies on this distribution: 4% of detached houses houses are smaller than 8 NEWLANDS ESTATE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bacton.

8 NEWLANDS ESTATE: Plot and Title Map

8 NEWLANDS ESTATE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 8 NEWLANDS ESTATE, 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 NEWLANDS ESTATE). 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 NEWLANDS ESTATE?

8 NEWLANDS ESTATE is located in BACTON, in the NR12 postcode district. The below map shows the position of No. 8 on NEWLANDS ESTATE.