HAWTHORNES, SANDPIT LANE, THORPE MARKET, NORWICH, NR11 8TJ - £230,000

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

HAWTHORNES is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £230,000 in March 2014, which was around 9% below the average March 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

HAWTHORNES Sold Prices

Land registry data shows three sales for HAWTHORNES 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. All of the three HAWTHORNES 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
2014 21 MAR	£230,000	£252,583	9% below HPI
2009 11 JUN	£150,000	£220,624	32% below HPI
2008 29 AUG	£200,000	£246,709	19% below HPI

HAWTHORNES 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 HAWTHORNES sales between August 2008 and March 2014 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 June 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is HAWTHORNES?

HAWTHORNES is 93m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses in Thorpe Market, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Market, and where HAWTHORNES lies on this distribution: 28% of detached houses are smaller than HAWTHORNES, and 72% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

HAWTHORNES: Plot and Title Map

HAWTHORNES sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of HAWTHORNES, 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 HAWTHORNES). 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 HAWTHORNES?

HAWTHORNES is located on SANDPIT LANE in THORPE MARKET, in the NR11 postcode district. The below map shows the position of HAWTHORNES on SANDPIT LANE.