NILO, LOPHAM ROAD, EAST HARLING, NORWICH, NR16 2PX - £240,000

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

NILO is a small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £240,000 in March 2020, which was around 21% below the average March 2020 detached price in the Breckland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

NILO Sold Prices

Land registry data shows two sales for NILO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two NILO 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
2020 19 MAR	£240,000	£303,107	21% below HPI
2018 6 APR	£225,000	£299,013	25% below HPI

NILO Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two NILO sales from April 2018 and March 2020 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 April 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is NILO?

NILO is 86m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in East Harling, based on EPC data. The below chart shows the distribution of detached houses by size in East Harling, and where NILO lies on this distribution: 25% of detached houses are smaller than NILO, and 75% of houses are larger. Note that EPC data is not available for all properties in East Harling.

NILO: Plot and Title Map

NILO sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of NILO, 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 NILO). 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 NILO?

NILO is located on LOPHAM ROAD in EAST HARLING, in the NR16 postcode district. The below map shows the position of NILO on LOPHAM ROAD.