GREYSTONES, HORNING ROAD WEST, HOVETON, NORWICH, NR12 8QH - £260,000

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

GREYSTONES is a large detached house of 128m², built sometime between 1900 and 1929. It was last sold for £260,000 in March 2015, which was around 5% below the average March 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was D.

GREYSTONES Sold Prices

Land registry data shows three sales for GREYSTONES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. One of the three GREYSTONES 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
2015 18 MAR	£260,000	£273,735	5% below HPI
2004 22 MAR	£249,995	£195,139	28% above HPI
2002 24 JUL	£181,000	£156,189	16% above HPI

GREYSTONES 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 three GREYSTONES sales between July 2002 and March 2015 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 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is GREYSTONES?

GREYSTONES is 128m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where GREYSTONES lies on this distribution: 74% of detached houses are smaller than GREYSTONES, and 26% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located on HORNING ROAD WEST in HOVETON, in the NR12 postcode district. The below map shows the position of GREYSTONES on HORNING ROAD WEST.