AQUARIUS, MEADOW DRIVE, HOVETON, NORWICH, NR12 8UN - £1,250,000

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

AQUARIUS is a very large extended detached house of 242m², built sometime between 1996 and 2002. It was last sold for £1,250,000 in September 2020, which was around 234% above the average September 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

AQUARIUS Sold Prices

Land registry data shows three sales for AQUARIUS 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 AQUARIUS 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
2020 10 SEP	£1,250,000	£374,049	234% above HPI
2015 4 MAR	£810,000	£273,735	196% above HPI
1998 12 AUG	£157,500	£84,182	87% above HPI

AQUARIUS 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 AQUARIUS sales between August 1998 and September 2020 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 March 2015 sale was for 196% above the HPI. So the extrapolation line tracks at 196% above the HPI over time, until the September 2020 sale, where it rises to 234% above the HPI. The line then continues to track at 234% above the HPI.

How Large is AQUARIUS?

AQUARIUS is 242m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where AQUARIUS lies on this distribution: 98% of detached houses are smaller than AQUARIUS, and 2% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

AQUARIUS: Plot and Title Map

AQUARIUS sits on a plot of roughly 0.548 of an acre, or 2,217m². The below map shows the location of AQUARIUS, 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 AQUARIUS). 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 AQUARIUS?

AQUARIUS is located on MEADOW DRIVE in HOVETON, in the NR12 postcode district. The below map shows the position of AQUARIUS on MEADOW DRIVE.