MEADOWSWEET, DEREHAM ROAD, GARVESTONE, NORWICH, NR9 4QT - £325,000

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

MEADOWSWEET is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £325,000 in June 2015, which was around 34% above the average June 2015 detached price in the Breckland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

MEADOWSWEET Sold Prices

Land registry data shows three sales for MEADOWSWEET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. One of the three MEADOWSWEET sales was for above the average price, whilst two 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
2015 30 JUN	£325,000	£242,342	34% above HPI
2004 17 AUG	£175,000	£193,048	9% below HPI
1997 24 JAN	£35,000	£68,792	49% below HPI

MEADOWSWEET 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 three MEADOWSWEET sales between January 1997 and June 2015 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 August 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is MEADOWSWEET?

MEADOWSWEET is 152m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Garvestone, based on EPC data. The below chart shows the distribution of detached houses by size in Garvestone, and where MEADOWSWEET lies on this distribution: 75% of detached houses are smaller than MEADOWSWEET, and 25% of houses are larger. Note that EPC data is not available for all properties in Garvestone.

MEADOWSWEET: Plot and Title Map

MEADOWSWEET sits on a plot of roughly 0.318 of an acre, or 1,286m². The below map shows the location of MEADOWSWEET, 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 MEADOWSWEET). 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 MEADOWSWEET?

MEADOWSWEET is located on DEREHAM ROAD in GARVESTONE, in the NR9 postcode district. The below map shows the position of MEADOWSWEET on DEREHAM ROAD.