BROADLANDS, SCHOOL ROAD, LUDHAM, GREAT YARMOUTH, NR29 5PX - £165,000

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

BROADLANDS is a very small extended detached house of 57m², built sometime between 1930 and 1949. It was last sold for £165,000 in October 2018, which was around 53% below the average October 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was A, and the potential energy rating was A.

BROADLANDS Sold Prices

Land registry data shows two sales for BROADLANDS 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. Both of the two BROADLANDS 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 3 OCT	£165,000	£353,446	53% below HPI
2017 24 FEB	£140,500	£318,001	56% below HPI

BROADLANDS 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 BROADLANDS sales from February 2017 and October 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 February 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2018 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is BROADLANDS?

BROADLANDS is 57m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where BROADLANDS lies on this distribution: 1% of detached houses are smaller than BROADLANDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Ludham.

BROADLANDS: Plot and Title Map

BROADLANDS sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of BROADLANDS, 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 BROADLANDS). 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 BROADLANDS?

BROADLANDS is located on SCHOOL ROAD in LUDHAM, in the NR29 postcode district. The below map shows the position of BROADLANDS on SCHOOL ROAD.