LOCHTER, WELLS ROAD, HINDRINGHAM, FAKENHAM, NR21 0PL - £360,000

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

LOCHTER is a midsized extended detached house of 167m², built sometime between 1996 and 2002. It was last sold for £360,000 in July 2015, which was around 28% above the average July 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

LOCHTER Sold Prices

Land registry data shows two sales for LOCHTER 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 LOCHTER 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 3 JUL	£360,000	£281,901	28% above HPI
1999 30 APR	£157,000	£83,419	88% above HPI

LOCHTER 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 LOCHTER sales from April 1999 and July 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 April 1999 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the July 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is LOCHTER?

LOCHTER is 167m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Hindringham, based on EPC data. The below chart shows the distribution of detached houses by size in Hindringham, and where LOCHTER lies on this distribution: 59% of detached houses are smaller than LOCHTER, and 41% of houses are larger. Note that EPC data is not available for all properties in Hindringham.

LOCHTER: Plot and Title Map

LOCHTER sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of LOCHTER, 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 LOCHTER). 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 LOCHTER?

LOCHTER is located on WELLS ROAD in HINDRINGHAM, in the NR21 postcode district. The below map shows the position of LOCHTER on WELLS ROAD.