CARPE DIEM, SCHOOL ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LW - £245,000

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

CARPE DIEM is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £245,000 in June 2021, which was around 37% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

CARPE DIEM Sold Prices

Land registry data shows three sales for CARPE DIEM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three CARPE DIEM 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 25 JUN	£245,000	£386,352	37% below HPI
2016 14 OCT	£235,000	£310,406	24% below HPI
2013 6 DEC	£160,000	£249,097	36% below HPI

CARPE DIEM 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 three CARPE DIEM sales between December 2013 and June 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 October 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is CARPE DIEM?

CARPE DIEM is 68m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where CARPE DIEM lies on this distribution: 3% of detached houses are smaller than CARPE DIEM, and 97% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

CARPE DIEM: Plot and Title Map

CARPE DIEM sits on a plot of roughly 0.135 of an acre, or 544m². The below map shows the location of CARPE DIEM, 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 CARPE DIEM). 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 CARPE DIEM?

CARPE DIEM is located on SCHOOL ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of CARPE DIEM on SCHOOL ROAD.