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

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.

LILAC TIME is a very small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £468,820. It was last sold for £300,000 in April 2015, which was around 9% 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	£275,682	9% above HPI
2000 30 JUN	£135,000	£106,702	27% 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might LILAC TIME be worth now?

LILAC TIME might now be worth an estimated £468,820.

This is based on house price inflation of 56.3%, between April 2015 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 56.3% inflationary increase is applied to the most recent sale price for LILAC TIME of £300,000 on 9th April 2015. For the value to have increased from £300,000 to £468,820 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of LILAC TIME has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of LILAC TIME has not materially changed since April 2015.

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 houses in Horning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horning, and where LILAC TIME lies on this distribution: 16% of detached houses houses are smaller than LILAC TIME, and 83% 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.