LAURISTON, HORNING ROAD WEST, HOVETON, NORWICH, NR12 8QH - £250,000

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

LAURISTON is a large extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £250,000 in June 2021, which was around 35% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

LAURISTON Sold Prices

Land registry data shows two sales for LAURISTON 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 LAURISTON 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
2021 16 JUN	£250,000	£386,352	35% below HPI
2019 11 DEC	£300,000	£353,699	15% below HPI

LAURISTON 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 LAURISTON sales from December 2019 and June 2021 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 December 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is LAURISTON?

LAURISTON is 126m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where LAURISTON lies on this distribution: 72% of detached houses are smaller than LAURISTON, and 28% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

LAURISTON: Plot and Title Map

LAURISTON sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of LAURISTON, 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 LAURISTON). 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 LAURISTON?

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