GREEN ACRES, CARGATE LANE, SAXLINGHAM NETHERGATE, NORWICH, NR15 1TS - £517,505

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

GREEN ACRES is a large extended detached house of 194m², built sometime between 1976 and 1982. It was last sold for £517,505 in June 2016, which was around 73% above the average June 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

GREEN ACRES Sold Prices

Land registry data shows three sales for GREEN ACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three GREEN ACRES sales 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
2016 24 JUN	£517,505	£298,650	73% above HPI
2007 26 MAR	£470,000	£248,079	89% above HPI
2001 26 JUN	£258,000	£127,354	103% above HPI

GREEN ACRES 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 three GREEN ACRES sales between June 2001 and June 2016 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 2007 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the June 2016 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is GREEN ACRES?

GREEN ACRES is 194m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses in Saxlingham Nethergate, based on EPC data. The below chart shows the distribution of detached houses by size in Saxlingham Nethergate, and where GREEN ACRES lies on this distribution: 75% of detached houses are smaller than GREEN ACRES, and 23% of houses are larger. Note that EPC data is not available for all properties in Saxlingham Nethergate.

GREEN ACRES: Plot and Title Map

GREEN ACRES sits on a plot of roughly 0.559 of an acre, or 2,263m². The below map shows the location of GREEN ACRES, 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 GREEN ACRES). 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 GREEN ACRES?

GREEN ACRES is located on CARGATE LANE in SAXLINGHAM NETHERGATE, in the NR15 postcode district. The below map shows the position of GREEN ACRES on CARGATE LANE.