GREENACRES, WALCOTT ROAD, BACTON, NORWICH, NR12 0EX - £290,000

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

GREENACRES is a midsized detached house of 103m², built sometime between 2003 and 2006. It was last sold for £290,000 in October 2019, which was around 18% below the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two GREENACRES 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
2019 25 OCT	£290,000	£355,649	18% below HPI
2005 14 OCT	£180,000	£219,141	18% below HPI

GREENACRES 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 two GREENACRES sales from October 2005 and October 2019 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 October 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, which was also at 18% below the HPI.

How Large is GREENACRES?

GREENACRES is 103m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where GREENACRES lies on this distribution: 43% of detached houses are smaller than GREENACRES, and 55% of houses are larger. Note that EPC data is not available for all properties in Bacton.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on WALCOTT ROAD in BACTON, in the NR12 postcode district. The below map shows the position of GREENACRES on WALCOTT ROAD.