HOLMWOOD, TUNSTEAD ROAD, HOVETON, NORWICH, NR12 8QN - £410,000

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

HOLMWOOD is a very large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £410,000 in September 2015, which was around 38% above the average September 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was D.

HOLMWOOD Sold Prices

Land registry data shows two sales for HOLMWOOD 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 HOLMWOOD 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
2015 25 SEP	£410,000	£298,068	38% above HPI
2004 20 OCT	£270,000	£216,126	25% above HPI

HOLMWOOD 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 HOLMWOOD sales from October 2004 and September 2015 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 October 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is HOLMWOOD?

HOLMWOOD is 149m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where HOLMWOOD lies on this distribution: 83% of detached houses are smaller than HOLMWOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

HOLMWOOD: Plot and Title Map

HOLMWOOD sits on a plot of roughly 0.499 of an acre, or 2,019m². The below map shows the location of HOLMWOOD, 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 HOLMWOOD). 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 HOLMWOOD?

HOLMWOOD is located on TUNSTEAD ROAD in HOVETON, in the NR12 postcode district. The below map shows the position of HOLMWOOD on TUNSTEAD ROAD.