BROMHOLM, WALCOTT ROAD, BACTON, NORWICH, NR12 0EY - £325,000

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

BROMHOLM is a very large extended detached house of 169m², built sometime before 1900. It was last sold for £325,000 in March 2021, which was around 12% below the average March 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

BROMHOLM Sold Prices

Land registry data shows four sales for BROMHOLM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four BROMHOLM 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
2021 9 MAR	£325,000	£370,260	12% below HPI
2016 27 JUL	£205,000	£304,850	33% below HPI
2009 8 JUL	£200,000	£222,195	10% below HPI
2007 6 JUL	£196,000	£244,032	20% below HPI

BROMHOLM 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 four BROMHOLM sales between July 2007 and March 2021 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 July 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is BROMHOLM?

BROMHOLM is 169m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where BROMHOLM lies on this distribution: 83% of detached houses are smaller than BROMHOLM, and 17% of houses are larger. Note that EPC data is not available for all properties in Bacton.

BROMHOLM: Plot and Title Map

BROMHOLM sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of BROMHOLM, 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 BROMHOLM). 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 BROMHOLM?

BROMHOLM is located on WALCOTT ROAD in BACTON, in the NR12 postcode district. The below map shows the position of BROMHOLM on WALCOTT ROAD.