LILAC TIME, FERRY COTT LANE, HORNING, NORWICH, NR12 8PP - £300,000

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

LILAC TIME is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £300,000 in April 2015, which was around 10% above the average April 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

LILAC TIME Sold Prices

Land registry data shows two sales for LILAC TIME 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 LILAC TIME 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
2015 9 APR	£300,000	£273,039	10% above HPI
2000 30 JUN	£135,000	£105,679	28% above HPI

LILAC TIME 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 LILAC TIME sales from June 2000 and April 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 June 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is LILAC TIME?

LILAC TIME is 85m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where LILAC TIME lies on this distribution: 16% of detached houses are smaller than LILAC TIME, and 84% of houses are larger. Note that EPC data is not available for all properties in Horning.

LILAC TIME: Plot and Title Map

LILAC TIME sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of LILAC TIME, 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 LILAC TIME). 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 LILAC TIME?

LILAC TIME is located on FERRY COTT LANE in HORNING, in the NR12 postcode district. The below map shows the position of LILAC TIME on FERRY COTT LANE.