ACRE WOOD, TOWER ROAD, AYLMERTON, NORWICH, NR11 8QG - £895,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ACRE WOOD is a very large extended detached house of 217m², built sometime between 1967 and 1975. It was last sold for £895,000 in February 2022, which was around 110% above the average February 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

ACRE WOOD Sold Prices

Land registry data shows two sales for ACRE WOOD 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 ACRE WOOD 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
2022 21 FEB	£895,000	£426,083	110% above HPI
2016 18 JAN	£395,000	£293,624	35% above HPI

ACRE WOOD 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 ACRE WOOD sales from January 2016 and February 2022 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 January 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2022 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is ACRE WOOD?

ACRE WOOD is 217m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Aylmerton, based on EPC data. The below chart shows the distribution of detached houses by size in Aylmerton, and where ACRE WOOD lies on this distribution: 89% of detached houses are smaller than ACRE WOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in Aylmerton.

ACRE WOOD: Plot and Title Map

ACRE WOOD sits on a plot of roughly 1.0 acres, or 4,140m². The below map shows the location of ACRE WOOD, 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 ACRE WOOD). 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 ACRE WOOD?

ACRE WOOD is located on TOWER ROAD in AYLMERTON, in the NR11 postcode district. The below map shows the position of ACRE WOOD on TOWER ROAD.