LANCASTER HOUSE, HEYDON ROAD, CORPUSTY, NORWICH, NR11 6QQ - £485,000

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.

LANCASTER HOUSE is a large extended detached house of 123m², built sometime between 1900 and 1929, which could now be worth an estimated £477,058. It was last sold for £485,000 in October 2023, which was around 11% above the average October 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

LANCASTER HOUSE Sold Prices

Land registry data shows four sales for LANCASTER HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four LANCASTER HOUSE 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
2023 20 OCT	£485,000	£437,989	11% above HPI
2017 25 MAY	£335,000	£318,854	5% above HPI
2007 13 JUL	£290,000	£246,394	18% above HPI
1999 7 JUL	£75,000	£85,583	12% below HPI

LANCASTER HOUSE 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 four LANCASTER HOUSE sales between July 1999 and October 2023 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 May 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might LANCASTER HOUSE be worth now?

LANCASTER HOUSE might now be worth an estimated £477,058.

This is based on house price deflation of 1.6%, between October 2023 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 1.6% deflationary decrease is applied to the most recent sale price for LANCASTER HOUSE of £485,000 on 20th October 2023. For the value to have decreased from £485,000 to £477,058 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of LANCASTER HOUSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2023 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of LANCASTER HOUSE has not materially changed since October 2023.

How Large is LANCASTER HOUSE?

LANCASTER HOUSE is 123m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses houses in Corpusty, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corpusty, and where LANCASTER HOUSE lies on this distribution: 78% of detached houses houses are smaller than LANCASTER HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Corpusty.

LANCASTER HOUSE: Plot and Title Map

LANCASTER HOUSE sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of LANCASTER HOUSE, 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 LANCASTER HOUSE). 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 LANCASTER HOUSE?

LANCASTER HOUSE is located on HEYDON ROAD in CORPUSTY, in the NR11 postcode district. The below map shows the position of LANCASTER HOUSE on HEYDON ROAD.