INNERHADEN, HORNING ROAD WEST, HOVETON, NORWICH, NR12 8QH - £415,000

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.

INNERHADEN is a very large extended detached house of 169m², built sometime between 1967 and 1975, which could now be worth an estimated £459,478. It was last sold for £415,000 in November 2020, which was around 7% above the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

INNERHADEN Sold Prices

Land registry data shows five sales for INNERHADEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five INNERHADEN 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
2020 30 NOV	£415,000	£389,113	7% above HPI
2017 23 JUN	£360,000	£319,167	13% above HPI
2014 16 JUL	£300,000	£268,696	12% above HPI
1996 13 SEP	£86,995	£69,723	25% above HPI
1996 27 JUL	£93,000	£68,659	35% above HPI

INNERHADEN 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 five INNERHADEN sales between July 1996 and November 2020 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 June 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might INNERHADEN be worth now?

INNERHADEN might now be worth an estimated £459,478.

This is based on house price inflation of 10.7%, between November 2020 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 10.7% inflationary increase is applied to the most recent sale price for INNERHADEN of £415,000 on 30th November 2020. For the value to have increased from £415,000 to £459,478 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of INNERHADEN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of INNERHADEN has not materially changed since November 2020.

How Large is INNERHADEN?

INNERHADEN is 169m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveton, and where INNERHADEN lies on this distribution: 89% of detached houses houses are smaller than INNERHADEN, and 11% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

INNERHADEN: Plot and Title Map

INNERHADEN sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of INNERHADEN, 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 INNERHADEN). 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 INNERHADEN?

INNERHADEN is located on HORNING ROAD WEST in HOVETON, in the NR12 postcode district. The below map shows the position of INNERHADEN on HORNING ROAD WEST.