HEATHERS, VALE ROAD, THURTON, NORWICH, NR14 6AP - £225,000

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

HEATHERS is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £225,000 in May 2019, which was around 34% below the average May 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

HEATHERS Sold Prices

Land registry data shows two sales for HEATHERS 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. Both of the two HEATHERS 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 17 MAY	£225,000	£338,495	34% below HPI
1996 7 NOV	£65,000	£75,896	14% below HPI

HEATHERS 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 HEATHERS sales from November 1996 and May 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 November 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is HEATHERS?

HEATHERS is 65m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Thurton, based on EPC data. The below chart shows the distribution of detached houses by size in Thurton, and where HEATHERS lies on this distribution: Less than 1% of detached houses are smaller than HEATHERS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thurton.

HEATHERS: Plot and Title Map

HEATHERS sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of HEATHERS, 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 HEATHERS). 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 HEATHERS?

HEATHERS is located on VALE ROAD in THURTON, in the NR14 postcode district. The below map shows the position of HEATHERS on VALE ROAD.