LYGROVE, THE GREEN, WACTON, NORWICH, NR15 2UN - £388,000

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.

LYGROVE is a very large extended detached house of 274m², built sometime between 1976 and 1982, which could now be worth an estimated £729,378. It was last sold for £388,000 in December 2005, which was around 66% above the average December 2005 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

LYGROVE Sold Prices

Land registry data shows two sales for LYGROVE 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 LYGROVE 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
2005 16 DEC	£388,000	£234,113	66% above HPI
1997 11 JUL	£164,000	£82,117	100% above HPI

LYGROVE 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 LYGROVE sales from July 1997 and December 2005 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 1997 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the December 2005 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might LYGROVE be worth now?

LYGROVE might now be worth an estimated £729,378.

This is based on house price inflation of 88%, between December 2005 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 88% inflationary increase is applied to the most recent sale price for LYGROVE of £388,000 on 16th December 2005. For the value to have increased from £388,000 to £729,378 over the twenty years and ten months to February 2025, the following assumptions must hold true:

• The value of LYGROVE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2005 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of LYGROVE has not materially changed since December 2005.

How Large is LYGROVE?

LYGROVE is 274m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses houses in Wacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wacton, and where LYGROVE lies on this distribution: 96% of detached houses houses are smaller than LYGROVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wacton.

LYGROVE: Plot and Title Map

LYGROVE sits on a plot of roughly 0.429 of an acre, or 1,737m². The below map shows the location of LYGROVE, 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 LYGROVE). 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 LYGROVE?

LYGROVE is located on THE GREEN in WACTON, in the NR15 postcode district. The below map shows the position of LYGROVE on THE GREEN.