MALLARDS, BRIMBELOW ROAD, HOVETON, NORWICH, NR12 8UJ - £400,000

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

MALLARDS is a very small extended detached house of 61m², built sometime between 1900 and 1929. It was last sold for £400,000 in February 2023, which was around 5% below the average February 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

MALLARDS Sold Prices

Land registry data shows two sales for MALLARDS 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. One of the two MALLARDS sales was for below the average price, whilst the other was roughly equal to 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
2023 10 FEB	£400,000	£421,983	5% below HPI
2017 22 SEP	£330,000	£331,136	Close to HPI

MALLARDS 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 MALLARDS sales from September 2017 and February 2023 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 September 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is MALLARDS?

MALLARDS is 61m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where MALLARDS lies on this distribution: 2% of detached houses are smaller than MALLARDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

MALLARDS: Plot and Title Map

MALLARDS sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of MALLARDS, 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 MALLARDS). 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 MALLARDS?

MALLARDS is located on BRIMBELOW ROAD in HOVETON, in the NR12 postcode district. The below map shows the position of MALLARDS on BRIMBELOW ROAD.