HOLLYFIELDS, MARKET STREET, TUNSTEAD, NORWICH, NR12 8AH - £485,000

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.

HOLLYFIELDS is a very large extended detached house of 194m², built sometime between 1983 and 1990, which could now be worth an estimated £624,950. It was last sold for £485,000 in September 2017, which was around 45% above the average September 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

HOLLYFIELDS Sold Prices

Land registry data shows two sales for HOLLYFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two HOLLYFIELDS 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
2017 18 SEP	£485,000	£334,341	45% above HPI
2014 22 JAN	£382,000	£253,541	51% above HPI

HOLLYFIELDS 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 two HOLLYFIELDS sales from January 2014 and September 2017 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 January 2014 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2017 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might HOLLYFIELDS be worth now?

HOLLYFIELDS might now be worth an estimated £624,950.

This is based on house price inflation of 28.9%, between September 2017 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 28.9% inflationary increase is applied to the most recent sale price for HOLLYFIELDS of £485,000 on 18th September 2017. For the value to have increased from £485,000 to £624,950 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of HOLLYFIELDS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLYFIELDS has not materially changed since September 2017.

How Large is HOLLYFIELDS?

HOLLYFIELDS is 194m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tunstead, and where HOLLYFIELDS lies on this distribution: 95% of detached houses houses are smaller than HOLLYFIELDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

HOLLYFIELDS: Plot and Title Map

HOLLYFIELDS sits on a plot of roughly 0.390 of an acre, or 1,579m². The below map shows the location of HOLLYFIELDS, 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 HOLLYFIELDS). 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 HOLLYFIELDS?

HOLLYFIELDS is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of HOLLYFIELDS on MARKET STREET.