CHERWELL, NORWICH ROAD, LUDHAM, GREAT YARMOUTH, NR29 5PB - £335,000

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

CHERWELL is a very large detached house of 162m², built sometime between 1950 and 1966. It was last sold for £335,000 in August 2008, which was around 36% above the average August 2008 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

CHERWELL Sold Prices

Land registry data shows two sales for CHERWELL 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 CHERWELL 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
2008 8 AUG	£335,000	£246,709	36% above HPI
2004 27 AUG	£242,500	£217,854	11% above HPI

CHERWELL 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 CHERWELL sales from August 2004 and August 2008 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 August 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2008 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is CHERWELL?

CHERWELL is 162m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where CHERWELL lies on this distribution: 84% of detached houses are smaller than CHERWELL, and 16% of houses are larger. Note that EPC data is not available for all properties in Ludham.

CHERWELL: Plot and Title Map

CHERWELL sits on a plot of roughly 0.253 of an acre, or 1,022m². The below map shows the location of CHERWELL, 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 CHERWELL). 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 CHERWELL?

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