NEWLANDS, NORWICH ROAD, SCOLE, DISS, IP21 4ED - £13,000

NEWLANDS is a very large detached house of 256m², built sometime between 1967 and 1975. It was last sold for £13,000 in May 1998, which was around 84% below the average May 1998 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two NEWLANDS sales was for below the average price, whilst the other 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
1998 1 MAY	£13,000	£80,392	84% below HPI
1995 24 NOV	£90,000	£71,026	27% above HPI

NEWLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two NEWLANDS sales from November 1995 and May 1998 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 November 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 1998 sale, where it falls to 84% below the HPI. The line then continues to track at 84% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 256m² according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Scole, based on EPC data. The below chart shows the distribution of detached houses by size in Scole, and where NEWLANDS lies on this distribution: 98% of detached houses are smaller than NEWLANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Scole.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.288 of an acre, or 1,164m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on NORWICH ROAD in SCOLE, in the IP21 postcode district. The below map shows the position of NEWLANDS on NORWICH ROAD.