CORNER BARN, CHAPEL ROAD, EAST RUSTON, NORWICH, NR12 9AA - £485,000

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

CORNER BARN is a large extended detached house of 179m², built sometime between 1983 and 1990. It was last sold for £485,000 in June 2021, which was around 26% above the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

CORNER BARN Sold Prices

Land registry data shows two sales for CORNER BARN 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 CORNER BARN 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
2021 30 JUN	£485,000	£386,352	26% above HPI
1996 22 JUL	£95,000	£68,001	40% above HPI

CORNER BARN 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 CORNER BARN sales from July 1996 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 July 1996 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is CORNER BARN?

CORNER BARN is 179m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in East Ruston, based on EPC data. The below chart shows the distribution of detached houses by size in East Ruston, and where CORNER BARN lies on this distribution: 77% of detached houses are smaller than CORNER BARN, and 23% of houses are larger. Note that EPC data is not available for all properties in East Ruston.

CORNER BARN: Plot and Title Map

CORNER BARN sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of CORNER BARN, 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 CORNER BARN). 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 CORNER BARN?

CORNER BARN is located on CHAPEL ROAD in EAST RUSTON, in the NR12 postcode district. The below map shows the position of CORNER BARN on CHAPEL ROAD.