HOMELAND, THE CLOSE, AYLMERTON, NORWICH, NR11 8PX - £330,000

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

HOMELAND is a small extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £330,000 in April 2021, which was around 11% below the average April 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

HOMELAND Sold Prices

Land registry data shows two sales for HOMELAND 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 HOMELAND 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
2021 16 APR	£330,000	£371,133	11% below HPI
2000 30 MAR	£59,900	£96,687	38% below HPI

HOMELAND 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 HOMELAND sales from March 2000 and April 2021 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 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is HOMELAND?

HOMELAND is 111m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses in Aylmerton, based on EPC data. The below chart shows the distribution of detached houses by size in Aylmerton, and where HOMELAND lies on this distribution: 26% of detached houses are smaller than HOMELAND, and 72% of houses are larger. Note that EPC data is not available for all properties in Aylmerton.

HOMELAND: Plot and Title Map

HOMELAND sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of HOMELAND, 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 HOMELAND). 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 HOMELAND?

HOMELAND is located on THE CLOSE in AYLMERTON, in the NR11 postcode district. The below map shows the position of HOMELAND on THE CLOSE.