MORSE HOUSE, BEACH ROAD, BACTON, NORWICH, NR12 0EP - £202,500

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

MORSE HOUSE is a midsized extended detached house of 107m², built sometime between 2003 and 2006. It was last sold for £202,500 in August 2014, which was around 23% below the average August 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

MORSE HOUSE Sold Prices

Land registry data shows three sales for MORSE HOUSE 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. Two of the three MORSE HOUSE sales were for below the average price, whilst one was 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
2014 6 AUG	£202,500	£263,747	23% below HPI
2008 29 JUL	£213,000	£249,732	15% below HPI
2004 5 MAR	£200,000	£195,139	2% above HPI

MORSE HOUSE 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 MORSE HOUSE sales between March 2004 and August 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 July 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is MORSE HOUSE?

MORSE HOUSE is 107m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where MORSE HOUSE lies on this distribution: 51% of detached houses are smaller than MORSE HOUSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Bacton.

MORSE HOUSE: Plot and Title Map

MORSE HOUSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of MORSE HOUSE, 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 MORSE HOUSE). 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 MORSE HOUSE?

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