EDGEFIELD, BROAD LANE, GREAT PLUMSTEAD, NORWICH, NR13 5DA - £345,000

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

EDGEFIELD is a very small extended detached house of 51m², built sometime between 1950 and 1966. It was last sold for £345,000 in February 2018, which was around 4% above the average February 2018 detached price in the Broadland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

EDGEFIELD Sold Prices

Land registry data shows two sales for EDGEFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the two EDGEFIELD 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
2018 16 FEB	£345,000	£330,282	4% above HPI
2004 17 DEC	£175,000	£217,258	19% below HPI

EDGEFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two EDGEFIELD sales from December 2004 and February 2018 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 December 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is EDGEFIELD?

EDGEFIELD is 51m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where EDGEFIELD lies on this distribution: Less than 1% of detached houses are smaller than EDGEFIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

EDGEFIELD: Plot and Title Map

EDGEFIELD sits on a plot of roughly 0.187 of an acre, or 759m². The below map shows the location of EDGEFIELD, 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 EDGEFIELD). 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 EDGEFIELD?

EDGEFIELD is located on BROAD LANE in GREAT PLUMSTEAD, in the NR13 postcode district. The below map shows the position of EDGEFIELD on BROAD LANE.