CREEKSIDE, MEADOW DRIVE, HOVETON, NORWICH, NR12 8UN - £555,000

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

CREEKSIDE is a large extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £555,000 in November 2019, which was around 55% above the average November 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

CREEKSIDE Sold Prices

Land registry data shows four sales for CREEKSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four CREEKSIDE 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
2019 8 NOV	£555,000	£358,965	55% above HPI
2001 20 MAR	£313,000	£116,820	168% above HPI
1999 30 APR	£230,000	£83,419	176% above HPI
1997 1 OCT	£205,000	£77,999	163% above HPI

CREEKSIDE 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 four CREEKSIDE sales between October 1997 and November 2019 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 March 2001 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the November 2019 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is CREEKSIDE?

CREEKSIDE is 138m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 CREEKSIDE lies on this distribution: 78% of detached houses are smaller than CREEKSIDE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

CREEKSIDE: Plot and Title Map

CREEKSIDE sits on a plot of roughly 0.326 of an acre, or 1,319m². The below map shows the location of CREEKSIDE, 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 CREEKSIDE). 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 CREEKSIDE?

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