BELMONT, CHURCH ROAD, EARSHAM, BUNGAY, NR35 2TL - £368,000

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

BELMONT is a very large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £368,000 in November 2016, which was around 17% above the average November 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

BELMONT Sold Prices

Land registry data shows four sales for BELMONT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four BELMONT 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
2016 28 NOV	£368,000	£313,795	17% above HPI
2015 8 SEP	£332,500	£286,821	16% above HPI
2011 30 SEP	£310,000	£235,854	31% above HPI
1997 15 OCT	£120,000	£80,395	49% above HPI

BELMONT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four BELMONT sales between October 1997 and November 2016 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 September 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is BELMONT?

BELMONT is 156m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses by size in Earsham, and where BELMONT lies on this distribution: 88% of detached houses are smaller than BELMONT, and 12% of houses are larger. Note that EPC data is not available for all properties in Earsham.

BELMONT: Plot and Title Map

BELMONT sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of BELMONT, 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 BELMONT). 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 BELMONT?

BELMONT is located on CHURCH ROAD in EARSHAM, in the NR35 postcode district. The below map shows the position of BELMONT on CHURCH ROAD.