MALLARDS, STAITHE ROAD, HICKLING, NORWICH, NR12 0YJ - £205,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MALLARDS is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £331,911. It was last sold for £205,000 in April 2014, which was around 21% below the average April 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

MALLARDS Sold Prices

Land registry data shows three sales for MALLARDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three MALLARDS 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
2014 4 APR	£205,000	£259,953	21% below HPI
1999 15 DEC	£75,000	£95,601	22% below HPI
1995 23 MAR	£60,000	£72,175	17% below 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 three MALLARDS sales between March 1995 and April 2014 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might MALLARDS be worth now?

MALLARDS might now be worth an estimated £331,911.

This is based on house price inflation of 61.9%, between April 2014 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.9% inflationary increase is applied to the most recent sale price for MALLARDS of £205,000 on 4th April 2014. For the value to have increased from £205,000 to £331,911 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of MALLARDS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of MALLARDS has not materially changed since April 2014.

How Large is MALLARDS?

MALLARDS is 76m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hickling, and where MALLARDS lies on this distribution: 11% of detached houses houses are smaller than MALLARDS, and 89% of houses are larger. Note that EPC data is not available for all properties in Hickling.

MALLARDS: Plot and Title Map

MALLARDS sits on a plot of roughly 0.124 of an acre, or 503m². 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 STAITHE ROAD in HICKLING, in the NR12 postcode district. The below map shows the position of MALLARDS on STAITHE ROAD.