MALNET, WINFARTHING ROAD, BANHAM, NORWICH, NR16 2HA - £332,000

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

MALNET is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £332,000 in June 2020, which was around 14% above the average June 2020 detached price in the Breckland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

MALNET Sold Prices

Land registry data shows two sales for MALNET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two MALNET 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
2020 30 JUN	£332,000	£289,969	14% above HPI
2009 18 DEC	£229,000	£198,842	15% above HPI

MALNET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two MALNET sales from December 2009 and June 2020 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 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is MALNET?

MALNET is 123m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where MALNET lies on this distribution: 61% of detached houses are smaller than MALNET, and 38% of houses are larger. Note that EPC data is not available for all properties in Banham.

MALNET: Plot and Title Map

MALNET sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of MALNET, 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 MALNET). 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 MALNET?

MALNET is located on WINFARTHING ROAD in BANHAM, in the NR16 postcode district. The below map shows the position of MALNET on WINFARTHING ROAD.