MIDSHALLOWS, BEACH ROAD, BACTON, NORWICH, NR12 0EP - £370,000

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.

MIDSHALLOWS is a large detached house of 123m², which could now be worth an estimated £395,819. It was last sold for £370,000 in November 2021, which was around 8% below the average November 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was B.

MIDSHALLOWS Sold Prices

Land registry data shows two sales for MIDSHALLOWS 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. Both of the two MIDSHALLOWS 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
2021 25 NOV	£370,000	£402,715	8% below HPI
2016 16 SEP	£235,000	£312,327	25% below HPI

MIDSHALLOWS 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 MIDSHALLOWS sales from September 2016 and November 2021 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might MIDSHALLOWS be worth now?

MIDSHALLOWS might now be worth an estimated £395,819.

This is based on house price inflation of 7%, between November 2021 and February 2025, 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 7% inflationary increase is applied to the most recent sale price for MIDSHALLOWS of £370,000 on 25th November 2021. For the value to have increased from £370,000 to £395,819 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of MIDSHALLOWS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of MIDSHALLOWS has not materially changed since November 2021.

How Large is MIDSHALLOWS?

MIDSHALLOWS is 123m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacton, and where MIDSHALLOWS lies on this distribution: 60% of detached houses houses are smaller than MIDSHALLOWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Bacton.

MIDSHALLOWS: Plot and Title Map

MIDSHALLOWS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of MIDSHALLOWS, 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 MIDSHALLOWS). 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 MIDSHALLOWS?

MIDSHALLOWS is located on BEACH ROAD in BACTON, in the NR12 postcode district. The below map shows the position of MIDSHALLOWS on BEACH ROAD.