EAGLET, THE STREET, ERPINGHAM, NORWICH, NR11 7QB - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

EAGLET is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £310,813. It was last sold for £255,000 in May 2019, which was around 26% below the average May 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

EAGLET Sold Prices

Land registry data shows three sales for EAGLET 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 EAGLET 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
2019 22 MAY	£255,000	£345,305	26% below HPI
2015 25 MAR	£206,000	£276,385	25% below HPI
2007 18 JAN	£160,000	£246,964	35% below HPI

EAGLET 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 EAGLET sales between January 2007 and May 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might EAGLET be worth now?

EAGLET might now be worth an estimated £310,813.

This is based on house price inflation of 21.9%, between May 2019 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for EAGLET of £255,000 on 22nd May 2019. For the value to have increased from £255,000 to £310,813 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of EAGLET has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of EAGLET has not materially changed since May 2019.

How Large is EAGLET?

EAGLET is 75m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Erpingham, and where EAGLET lies on this distribution: 3% of detached houses houses are smaller than EAGLET, and 97% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

EAGLET: Plot and Title Map

EAGLET sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of EAGLET, 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 EAGLET). 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 EAGLET?

EAGLET is located on THE STREET in ERPINGHAM, in the NR11 postcode district. The below map shows the position of EAGLET on THE STREET.