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

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

MIDSHALLOWS is a midsized detached house of 123m². It was last sold for £370,000 in November 2021, which was around 7% 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	£398,854	7% below HPI
2016 16 SEP	£235,000	£309,333	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where MIDSHALLOWS lies on this distribution: 59% of detached houses are smaller than MIDSHALLOWS, and 40% 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 0.131 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.