CELLAR DYKE, MEADOW DRIVE, HOVETON, NORWICH, NR12 8UN - £765,000

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

CELLAR DYKE is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £765,000 in July 2022, which was around 77% above the average July 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

CELLAR DYKE Sold Prices

Land registry data shows three sales for CELLAR DYKE 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 CELLAR DYKE 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
2022 27 JUL	£765,000	£431,331	77% above HPI
2013 20 DEC	£420,000	£249,097	69% above HPI
2000 4 DEC	£230,000	£109,249	111% above HPI

CELLAR DYKE 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 CELLAR DYKE sales between December 2000 and July 2022 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 December 2013 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is CELLAR DYKE?

CELLAR DYKE is 135m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where CELLAR DYKE lies on this distribution: 77% of detached houses are smaller than CELLAR DYKE, and 22% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

CELLAR DYKE: Plot and Title Map

CELLAR DYKE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of CELLAR DYKE, 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 CELLAR DYKE). 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 CELLAR DYKE?

CELLAR DYKE is located on MEADOW DRIVE in HOVETON, in the NR12 postcode district. The below map shows the position of CELLAR DYKE on MEADOW DRIVE.