COAST VIEW, OSTEND GAP, WALCOTT, NORWICH, NR12 0NN - £280,000

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

COAST VIEW is a midsized detached house of 83m², built sometime between 1967 and 1975. It was last sold for £280,000 in December 2021, which was around 32% below the average December 2021 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.

COAST VIEW Sold Prices

Land registry data shows three sales for COAST VIEW 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 COAST VIEW 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 DEC	£280,000	£408,803	32% below HPI
2012 16 OCT	£137,000	£243,526	44% below HPI
2001 10 SEP	£75,500	£125,833	40% below HPI

COAST VIEW 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 COAST VIEW sales between September 2001 and December 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 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is COAST VIEW?

COAST VIEW is 83m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where COAST VIEW lies on this distribution: 53% of detached houses are smaller than COAST VIEW, and 46% of houses are larger. Note that EPC data is not available for all properties in Walcott.

COAST VIEW: Plot and Title Map

COAST VIEW sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of COAST VIEW, 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 COAST VIEW). 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 COAST VIEW?

COAST VIEW is located on OSTEND GAP in WALCOTT, in the NR12 postcode district. The below map shows the position of COAST VIEW on OSTEND GAP.