GROSSGMAIN, FLORDON ROAD, NEWTON FLOTMAN, NORWICH, NR15 1QX - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GROSSGMAIN is a midsized detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £407,089. It was last sold for £385,000 in January 2022, which was around 6% below the average January 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

GROSSGMAIN Sold Prices

Land registry data shows two sales for GROSSGMAIN 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. One of the two GROSSGMAIN sales was for below the average price, whilst the other was 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
2022 14 JAN	£385,000	£407,971	6% below HPI
2001 18 MAY	£132,500	£131,444	1% above HPI

GROSSGMAIN 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 GROSSGMAIN sales from May 2001 and January 2022 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 May 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might GROSSGMAIN be worth now?

GROSSGMAIN might now be worth an estimated £407,089.

This is based on house price inflation of 5.7%, between January 2022 and December 2024, 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 5.7% inflationary increase is applied to the most recent sale price for GROSSGMAIN of £385,000 on 14th January 2022. For the value to have increased from £385,000 to £407,089 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of GROSSGMAIN has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of GROSSGMAIN has not materially changed since January 2022.

How Large is GROSSGMAIN?

GROSSGMAIN is 103m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where GROSSGMAIN lies on this distribution: 41% of detached houses houses are smaller than GROSSGMAIN, and 58% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

GROSSGMAIN: Plot and Title Map

GROSSGMAIN sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of GROSSGMAIN, 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 GROSSGMAIN). 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 GROSSGMAIN?

GROSSGMAIN is located on FLORDON ROAD in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of GROSSGMAIN on FLORDON ROAD.