ALDERLEY, BANHAM ROAD, KENNINGHALL, NORWICH, NR16 2ED - £345,000

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

ALDERLEY is a midsized extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £345,000 in July 2014, which was around 50% above the average July 2014 detached price in the Breckland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

ALDERLEY Sold Prices

Land registry data shows two sales for ALDERLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two ALDERLEY 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 9 JUL	£345,000	£229,472	50% above HPI
1997 22 AUG	£123,000	£73,978	66% above HPI

ALDERLEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two ALDERLEY sales from August 1997 and July 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 August 1997 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the July 2014 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is ALDERLEY?

ALDERLEY is 146m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Kenninghall, based on EPC data. The below chart shows the distribution of detached houses by size in Kenninghall, and where ALDERLEY lies on this distribution: 50% of detached houses are smaller than ALDERLEY, and 48% of houses are larger. Note that EPC data is not available for all properties in Kenninghall.

ALDERLEY: Plot and Title Map

ALDERLEY sits on a plot of roughly 0.386 of an acre, or 1,564m². The below map shows the location of ALDERLEY, 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 ALDERLEY). 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 ALDERLEY?

ALDERLEY is located on BANHAM ROAD in KENNINGHALL, in the NR16 postcode district. The below map shows the position of ALDERLEY on BANHAM ROAD.