NERTHUS, MEADOW VIEW, BACTON, NORWICH, NR12 0LY - £590,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NERTHUS is a very large detached house of 186m², built sometime between 2003 and 2006, which could now be worth an estimated £600,425. It was last sold for £590,000 in April 2023, which was around 39% above the average April 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

NERTHUS Sold Prices

Land registry data shows three sales for NERTHUS 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. All of the three NERTHUS 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
2023 20 APR	£590,000	£423,337	39% above HPI
2017 30 MAY	£387,500	£318,854	22% above HPI
2004 20 DEC	£275,000	£220,182	25% above HPI

NERTHUS 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 NERTHUS sales between December 2004 and April 2023 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 May 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might NERTHUS be worth now?

NERTHUS might now be worth an estimated £600,425.

This is based on house price inflation of 1.8%, between April 2023 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 1.8% inflationary increase is applied to the most recent sale price for NERTHUS of £590,000 on 20th April 2023. For the value to have increased from £590,000 to £600,425 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of NERTHUS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2023 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of NERTHUS has not materially changed since April 2023.

How Large is NERTHUS?

NERTHUS is 186m² according to the EPC inspection conducted in November 2022. This puts it in the largest 20% 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 NERTHUS lies on this distribution: 88% of detached houses houses are smaller than NERTHUS, and 11% of houses are larger. Note that EPC data is not available for all properties in Bacton.

NERTHUS: Plot and Title Map

NERTHUS sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of NERTHUS, 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 NERTHUS). 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 NERTHUS?

NERTHUS is located on MEADOW VIEW in BACTON, in the NR12 postcode district. The below map shows the position of NERTHUS on MEADOW VIEW.