HOLLY BANK, HEATH LOKE, PORINGLAND, NORWICH, NR14 7JU - £540,000

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

HOLLY BANK is a very large extended detached house of 207m², built sometime between 1967 and 1975. It was last sold for £540,000 in September 2019, which was around 62% above the average September 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

HOLLY BANK Sold Prices

Land registry data shows three sales for HOLLY BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three HOLLY BANK sales were 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
2019 13 SEP	£540,000	£333,108	62% above HPI
2008 6 MAR	£475,000	£255,442	86% above HPI
2005 17 NOV	£390,000	£225,709	73% above HPI

HOLLY BANK 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 three HOLLY BANK sales between November 2005 and September 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 March 2008 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the September 2019 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 207m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where HOLLY BANK lies on this distribution: 96% of detached houses are smaller than HOLLY BANK, and 4% of houses are larger. Note that EPC data is not available for all properties in Poringland.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.444 of an acre, or 1,796m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on HEATH LOKE in PORINGLAND, in the NR14 postcode district. The below map shows the position of HOLLY BANK on HEATH LOKE.