KARAJOLES, SCHOOL ROAD, LUDHAM, GREAT YARMOUTH, NR29 5PX - £160,000

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

KARAJOLES is a large detached house of 127m², built sometime between 1950 and 1966. It was last sold for £160,000 in February 2017, which was around 50% below the average February 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

KARAJOLES Sold Prices

Land registry data shows two sales for KARAJOLES 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 KARAJOLES 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
2017 23 FEB	£160,000	£318,001	50% below HPI
1997 20 AUG	£55,500	£74,432	25% below HPI

KARAJOLES 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 KARAJOLES sales from August 1997 and February 2017 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 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2017 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is KARAJOLES?

KARAJOLES is 127m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where KARAJOLES lies on this distribution: 66% of detached houses are smaller than KARAJOLES, and 34% of houses are larger. Note that EPC data is not available for all properties in Ludham.

KARAJOLES: Plot and Title Map

KARAJOLES sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of KARAJOLES, 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 KARAJOLES). 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 KARAJOLES?

KARAJOLES is located on SCHOOL ROAD in LUDHAM, in the NR29 postcode district. The below map shows the position of KARAJOLES on SCHOOL ROAD.