LAURIAN, THE STREET, LITTLE SNORING, FAKENHAM, NR21 0HU - £250,000

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.

LAURIAN is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £343,653. It was last sold for £250,000 in October 2016, which was around 20% below the average October 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

LAURIAN Sold Prices

Land registry data shows four sales for LAURIAN 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. All of the four LAURIAN 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
2016 11 OCT	£250,000	£313,410	20% below HPI
2014 21 JUL	£250,000	£268,696	7% below HPI
2009 21 APR	£165,000	£218,977	25% below HPI
2005 18 NOV	£155,000	£218,767	29% below HPI

LAURIAN 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 LAURIAN sales between November 2005 and October 2016 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 July 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might LAURIAN be worth now?

LAURIAN might now be worth an estimated £343,653.

This is based on house price inflation of 37.5%, between October 2016 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 37.5% inflationary increase is applied to the most recent sale price for LAURIAN of £250,000 on 11th October 2016. For the value to have increased from £250,000 to £343,653 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of LAURIAN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of LAURIAN has not materially changed since October 2016.

How Large is LAURIAN?

LAURIAN is 80m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses houses in Little Snoring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Snoring, and where LAURIAN lies on this distribution: 16% of detached houses houses are smaller than LAURIAN, and 84% of houses are larger. Note that EPC data is not available for all properties in Little Snoring.

LAURIAN: Plot and Title Map

LAURIAN sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of LAURIAN, 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 LAURIAN). 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 LAURIAN?

LAURIAN is located on THE STREET in LITTLE SNORING, in the NR21 postcode district. The below map shows the position of LAURIAN on THE STREET.