ACORN HOUSE, OAK LANE, EAST RUSTON, NORWICH, NR12 9JG - £315,000

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

ACORN HOUSE is a large detached house of 165m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2014, which was around 17% above the average October 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

ACORN HOUSE Sold Prices

Land registry data shows two sales for ACORN HOUSE 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 ACORN HOUSE sales were for above 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
2014 30 OCT	£315,000	£270,209	17% above HPI
1996 22 NOV	£94,000	£71,828	31% above HPI

ACORN HOUSE 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 ACORN HOUSE sales from November 1996 and October 2014 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 November 1996 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is ACORN HOUSE?

ACORN HOUSE is 165m² according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in East Ruston, based on EPC data. The below chart shows the distribution of detached houses by size in East Ruston, and where ACORN HOUSE lies on this distribution: 73% of detached houses are smaller than ACORN HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in East Ruston.

ACORN HOUSE: Plot and Title Map

ACORN HOUSE sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of ACORN HOUSE, 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 ACORN HOUSE). 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 ACORN HOUSE?

ACORN HOUSE is located on OAK LANE in EAST RUSTON, in the NR12 postcode district. The below map shows the position of ACORN HOUSE on OAK LANE.