FIRCROFT, BOILEAU AVENUE, TACOLNESTON, NORWICH, NR16 1DQ - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FIRCROFT is a small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £298,938. It was last sold for £165,000 in July 2012, which was around 32% below the average July 2012 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

FIRCROFT Sold Prices

Land registry data shows two sales for FIRCROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two FIRCROFT 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
2012 13 JUL	£165,000	£242,489	32% below HPI
2011 2 JUN	£132,500	£234,134	43% below HPI

FIRCROFT 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 two FIRCROFT sales from June 2011 and July 2012 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 June 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2012 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might FIRCROFT be worth now?

FIRCROFT might now be worth an estimated £298,938.

This is based on house price inflation of 81.2%, between July 2012 and March 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.2% inflationary increase is applied to the most recent sale price for FIRCROFT of £165,000 on 13th July 2012. For the value to have increased from £165,000 to £298,938 over the thirteen years and four months to March 2025, the following assumptions must hold true:

• The value of FIRCROFT has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2012 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of FIRCROFT has not materially changed since July 2012.

How Large is FIRCROFT?

FIRCROFT is 89m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tacolneston, and where FIRCROFT lies on this distribution: 38% of detached houses houses are smaller than FIRCROFT, and 63% of houses are larger. Note that EPC data is not available for all properties in Tacolneston.

FIRCROFT: Plot and Title Map

FIRCROFT sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of FIRCROFT, 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 FIRCROFT). 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 FIRCROFT?

FIRCROFT is located on BOILEAU AVENUE in TACOLNESTON, in the NR16 postcode district. The below map shows the position of FIRCROFT on BOILEAU AVENUE.