LORAC, CHAPEL ROAD, TRUNCH, NORTH WALSHAM, NR28 0QG - £305,000

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

LORAC is a very large detached house of 159m², built sometime between 1967 and 1975. It was last sold for £305,000 in March 2012, which was around 30% above the average March 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

LORAC Sold Prices

Land registry data shows two sales for LORAC 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 LORAC 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
2012 1 MAR	£305,000	£235,375	30% above HPI
2004 27 JUL	£250,000	£209,312	19% above HPI

LORAC 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 LORAC sales from July 2004 and March 2012 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 July 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2012 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is LORAC?

LORAC is 159m² according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses by size in Trunch, and where LORAC lies on this distribution: 87% of detached houses are smaller than LORAC, and 13% of houses are larger. Note that EPC data is not available for all properties in Trunch.

LORAC: Plot and Title Map

LORAC sits on a plot of roughly 0.285 of an acre, or 1,153m². The below map shows the location of LORAC, 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 LORAC). 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 LORAC?

LORAC is located on CHAPEL ROAD in TRUNCH, in the NR28 postcode district. The below map shows the position of LORAC on CHAPEL ROAD.