GREEN OAKS, HILLSIDE ROAD, HORNING, NORWICH, NR12 8PG - £640,000

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

GREEN OAKS is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £640,000 in June 2021, which was around 66% above the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

GREEN OAKS Sold Prices

Land registry data shows four sales for GREEN OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four GREEN OAKS 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
2021 28 JUN	£640,000	£386,352	66% above HPI
2015 9 FEB	£330,000	£270,784	22% above HPI
2012 18 OCT	£325,000	£243,526	33% above HPI
1998 4 JUN	£165,000	£85,067	94% above HPI

GREEN OAKS 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 four GREEN OAKS sales between June 1998 and June 2021 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 February 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is GREEN OAKS?

GREEN OAKS is 66m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where GREEN OAKS lies on this distribution: 4% of detached houses are smaller than GREEN OAKS, and 96% of houses are larger. Note that EPC data is not available for all properties in Horning.

GREEN OAKS: Plot and Title Map

GREEN OAKS sits on a plot of roughly 0.424 of an acre, or 1,715m². The below map shows the location of GREEN OAKS, 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 OAKS). 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 OAKS?

GREEN OAKS is located on HILLSIDE ROAD in HORNING, in the NR12 postcode district. The below map shows the position of GREEN OAKS on HILLSIDE ROAD.