EASTFIELD, MILL LANE, BACTON, NORWICH, NR12 0HN - £274,000

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

EASTFIELD is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £274,000 in February 2015, which was around 1% above the average February 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

EASTFIELD Sold Prices

Land registry data shows two sales for EASTFIELD 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. One of the two EASTFIELD sales was for above the average price, whilst the other was 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
2015 16 FEB	£274,000	£270,784	1% above HPI
2005 30 SEP	£200,000	£220,984	9% below HPI

EASTFIELD 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 EASTFIELD sales from September 2005 and February 2015 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 September 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is EASTFIELD?

EASTFIELD is 159m², which includes four extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where EASTFIELD lies on this distribution: 80% of detached houses are smaller than EASTFIELD, and 20% of houses are larger. Note that EPC data is not available for all properties in Bacton.

EASTFIELD: Plot and Title Map

EASTFIELD sits on a plot of roughly 0.292 of an acre, or 1,182m². The below map shows the location of EASTFIELD, 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 EASTFIELD). 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 EASTFIELD?

EASTFIELD is located on MILL LANE in BACTON, in the NR12 postcode district. The below map shows the position of EASTFIELD on MILL LANE.