BROAD FEN, CHEQUERS STREET, EAST RUSTON, NORWICH, NR12 9JT - £405,000

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

BROAD FEN is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £405,000 in July 2023, which was around 9% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

BROAD FEN Sold Prices

Land registry data shows two sales for BROAD FEN 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. One of the two BROAD FEN sales was for below the average price, whilst the other was 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
2023 14 JUL	£405,000	£442,761	9% below HPI
1996 8 NOV	£79,950	£71,828	11% above HPI

BROAD FEN 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 BROAD FEN sales from November 1996 and July 2023 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 November 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is BROAD FEN?

BROAD FEN is 99m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in East Ruston, based on EPC data. The below chart shows the distribution of detached houses by size in East Ruston, and where BROAD FEN lies on this distribution: 20% of detached houses are smaller than BROAD FEN, and 80% of houses are larger. Note that EPC data is not available for all properties in East Ruston.

BROAD FEN: Plot and Title Map

BROAD FEN sits on a plot of roughly 0.244 of an acre, or 985m². The below map shows the location of BROAD FEN, 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 BROAD FEN). 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 BROAD FEN?

BROAD FEN is located on CHEQUERS STREET in EAST RUSTON, in the NR12 postcode district. The below map shows the position of BROAD FEN on CHEQUERS STREET.