HILLRISE, BURE VALLEY LANE, AYLSHAM, NORWICH, NR11 6UA - £246,250

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HILLRISE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £246,250 in August 2013, which was around 2% below the average August 2013 detached price in the Broadland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

HILLRISE Sold Prices

Land registry data shows four sales for HILLRISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four HILLRISE 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
2013 20 AUG	£246,250	£250,158	2% below HPI
2006 26 JUN	£242,500	£230,142	5% above HPI
1998 26 FEB	£34,500	£80,566	57% below HPI
1995 31 OCT	£28,000	£74,677	63% below HPI

HILLRISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four HILLRISE sales between October 1995 and August 2013 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is HILLRISE?

HILLRISE is 65m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Aylsham, based on EPC data. The below chart shows the distribution of detached houses by size in Aylsham, and where HILLRISE lies on this distribution: 7% of detached houses are smaller than HILLRISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Aylsham.

HILLRISE: Plot and Title Map

HILLRISE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of HILLRISE, 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 HILLRISE). 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 HILLRISE?

HILLRISE is located on BURE VALLEY LANE in AYLSHAM, in the NR11 postcode district. The below map shows the position of HILLRISE on BURE VALLEY LANE.