HOME FARM BARN, CHURCH ROAD, BACTON, NORWICH, NR12 0ET - £415,000

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

HOME FARM BARN is a very large extended semi-detached house of 233m², built sometime between 1996 and 2002. It was last sold for £415,000 in August 2015, which was around 45% above the average August 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

HOME FARM BARN Sold Prices

Land registry data shows two sales for HOME FARM BARN 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 HOME FARM BARN 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 27 AUG	£415,000	£286,328	45% above HPI
2008 29 FEB	£355,000	£254,013	40% above HPI

HOME FARM BARN 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 HOME FARM BARN sales from February 2008 and August 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 February 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is HOME FARM BARN?

HOME FARM BARN is 233m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where HOME FARM BARN lies on this distribution: 96% of detached houses are smaller than HOME FARM BARN, and 4% of houses are larger. Note that EPC data is not available for all properties in Bacton.

HOME FARM BARN: Plot and Title Map

HOME FARM BARN sits on a plot of roughly 0.272 of an acre, or 1,099m². The below map shows the location of HOME FARM BARN, 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 HOME FARM BARN). 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 HOME FARM BARN?

HOME FARM BARN is located on CHURCH ROAD in BACTON, in the NR12 postcode district. The below map shows the position of HOME FARM BARN on CHURCH ROAD.