LITCHMERE, HIGH GREEN, GREAT MOULTON, NORWICH, NR15 2HN - £190,000

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.

LITCHMERE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £277,065. It was last sold for £190,000 in November 2015, which was around 37% below the average November 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

LITCHMERE Sold Prices

Land registry data shows two sales for LITCHMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two LITCHMERE 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
2015 26 NOV	£190,000	£301,799	37% below HPI
2002 6 DEC	£106,000	£179,019	41% below HPI

LITCHMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two LITCHMERE sales from December 2002 and November 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 December 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might LITCHMERE be worth now?

LITCHMERE might now be worth an estimated £277,065.

This is based on house price inflation of 45.8%, between November 2015 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for LITCHMERE of £190,000 on 26th November 2015. For the value to have increased from £190,000 to £277,065 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of LITCHMERE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of LITCHMERE has not materially changed since November 2015.

How Large is LITCHMERE?

LITCHMERE is 83m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses houses in Great Moulton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Moulton, and where LITCHMERE lies on this distribution: 14% of detached houses houses are smaller than LITCHMERE, and 82% of houses are larger. Note that EPC data is not available for all properties in Great Moulton.

LITCHMERE: Plot and Title Map

LITCHMERE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of LITCHMERE, 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 LITCHMERE). 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 LITCHMERE?

LITCHMERE is located on HIGH GREEN in GREAT MOULTON, in the NR15 postcode district. The below map shows the position of LITCHMERE on HIGH GREEN.