FIELDERS, BURNTHOUSE LANE, LITTLE MELTON, NORWICH, NR9 3NN - £250,000

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

FIELDERS is a small extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2014, which was around 1% below the average May 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

FIELDERS Sold Prices

Land registry data shows four sales for FIELDERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the four FIELDERS sales was for below the average price, whilst two 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
2014 2 MAY	£250,000	£253,768	1% below HPI
2005 13 APR	£245,000	£215,195	14% above HPI
2002 30 AUG	£177,500	£165,381	7% above HPI
1998 31 JUL	£84,000	£84,337	Close to HPI

FIELDERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four FIELDERS sales between July 1998 and May 2014 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 April 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is FIELDERS?

FIELDERS is 123m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where FIELDERS lies on this distribution: 38% of detached houses are smaller than FIELDERS, and 60% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

FIELDERS: Plot and Title Map

FIELDERS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of FIELDERS, 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 FIELDERS). 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 FIELDERS?

FIELDERS is located on BURNTHOUSE LANE in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of FIELDERS on BURNTHOUSE LANE.