ALETHEA, KINGSWAY, NORTH WALSHAM, NR28 0HP - £230,000

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

ALETHEA is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2018, which was around 35% below the average August 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

ALETHEA Sold Prices

Land registry data shows three sales for ALETHEA 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 ALETHEA 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
2018 7 AUG	£230,000	£355,919	35% below HPI
2016 22 DEC	£205,000	£310,908	34% below HPI
1997 21 NOV	£61,000	£79,424	23% below HPI

ALETHEA 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 ALETHEA sales between November 1997 and August 2018 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 December 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is ALETHEA?

ALETHEA is 84m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where ALETHEA lies on this distribution: 29% of detached houses are smaller than ALETHEA, and 71% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

ALETHEA: Plot and Title Map

ALETHEA sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of ALETHEA, 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 ALETHEA). 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 ALETHEA?

ALETHEA is located on KINGSWAY in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of ALETHEA on KINGSWAY.