HIGHFIELDS, WALCOTT ROAD, BACTON, NORWICH, NR12 0EX - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HIGHFIELDS is a midsized detached house of 106m², built sometime between 2007 and 2011, which could now be worth an estimated £404,459. It was last sold for £400,000 in February 2023, which was around 6% below the average February 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

HIGHFIELDS Sold Prices

Land registry data shows three sales for HIGHFIELDS 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 HIGHFIELDS 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
2023 22 FEB	£400,000	£426,067	6% below HPI
2015 27 MAR	£240,000	£276,385	13% below HPI
2011 19 AUG	£188,000	£244,837	23% below HPI

HIGHFIELDS 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 HIGHFIELDS sales between August 2011 and February 2023 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might HIGHFIELDS be worth now?

HIGHFIELDS might now be worth an estimated £404,459.

This is based on house price inflation of 1.1%, between February 2023 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for HIGHFIELDS of £400,000 on 22nd February 2023. For the value to have increased from £400,000 to £404,459 over the two years to February 2025, the following assumptions must hold true:

• The value of HIGHFIELDS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELDS has not materially changed since February 2023.

How Large is HIGHFIELDS?

HIGHFIELDS is 106m² according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacton, and where HIGHFIELDS lies on this distribution: 52% of detached houses houses are smaller than HIGHFIELDS, and 48% of houses are larger. Note that EPC data is not available for all properties in Bacton.

HIGHFIELDS: Plot and Title Map

HIGHFIELDS sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of HIGHFIELDS, 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 HIGHFIELDS). 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 HIGHFIELDS?

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