JASMINE, MILL LANE, BRAMERTON, NORWICH, NR14 7DR - £255,000

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

JASMINE is a very small extended detached house of 63m², built sometime between 1930 and 1949. It was last sold for £255,000 in December 2015, which was around 12% below the average December 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was A.

JASMINE Sold Prices

Land registry data shows three sales for JASMINE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three JASMINE 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
2015 2 DEC	£255,000	£289,476	12% below HPI
2003 20 AUG	£158,000	£191,709	18% below HPI
2002 31 OCT	£120,000	£169,064	29% below HPI

JASMINE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three JASMINE sales between October 2002 and December 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 August 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is JASMINE?

JASMINE is 63m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Bramerton, based on EPC data. The below chart shows the distribution of detached houses by size in Bramerton, and where JASMINE lies on this distribution: Less than 1% of detached houses are smaller than JASMINE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bramerton.

JASMINE: Plot and Title Map

JASMINE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of JASMINE, 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 JASMINE). 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 JASMINE?

JASMINE is located on MILL LANE in BRAMERTON, in the NR14 postcode district. The below map shows the position of JASMINE on MILL LANE.