BROADLANDS, TOWN STREET, HICKLING, NORWICH, NR12 0AY - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BROADLANDS is a very large detached house of 232m², built sometime between 1983 and 1990, which could now be worth an estimated £622,509. It was last sold for £375,000 in January 2014, which was around 48% above the average January 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

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 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
2014 16 JAN	£375,000	£253,541	48% above HPI
1998 27 MAY	£145,000	£84,862	71% above 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 May 1998 and January 2014 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 May 1998 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the January 2014 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might BROADLANDS be worth now?

BROADLANDS might now be worth an estimated £622,509.

This is based on house price inflation of 66%, between January 2014 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66% inflationary increase is applied to the most recent sale price for BROADLANDS of £375,000 on 16th January 2014. For the value to have increased from £375,000 to £622,509 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of BROADLANDS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of BROADLANDS has not materially changed since January 2014.

How Large is BROADLANDS?

BROADLANDS is 232m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hickling, and where BROADLANDS lies on this distribution: 90% of detached houses houses are smaller than BROADLANDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Hickling.

BROADLANDS: Plot and Title Map

BROADLANDS sits on a plot of roughly 0.427 of an acre, or 1,728m². 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 TOWN STREET in HICKLING, in the NR12 postcode district. The below map shows the position of BROADLANDS on TOWN STREET.