NOR HOUSE, SANDPIT LANE, THORPE MARKET, NORWICH, NR11 8TJ - £272,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NOR HOUSE is a small semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £311,816. It was last sold for £272,500 in December 2020, which was around 10% above the average December 2020 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

NOR HOUSE Sold Prices

Land registry data shows two sales for NOR HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two NOR HOUSE 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
2020 11 DEC	£272,500	£248,687	10% above HPI
2006 18 DEC	£175,000	£159,949	9% above HPI

NOR HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two NOR HOUSE sales from December 2006 and December 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 December 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might NOR HOUSE be worth now?

NOR HOUSE might now be worth an estimated £311,816.

This is based on house price inflation of 14.4%, between December 2020 and February 2025, for semi-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 14.4% inflationary increase is applied to the most recent sale price for NOR HOUSE of £272,500 on 11th December 2020. For the value to have increased from £272,500 to £311,816 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of NOR HOUSE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The December 2020 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of NOR HOUSE has not materially changed since December 2020.

How Large is NOR HOUSE?

NOR HOUSE is 91m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of semi-detached houses houses in Thorpe Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thorpe Market, and where NOR HOUSE lies on this distribution: 27% of semi-detached houses houses are smaller than NOR HOUSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

NOR HOUSE: Plot and Title Map

NOR HOUSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of NOR 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 NOR 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 NOR HOUSE?

NOR HOUSE is located on SANDPIT LANE in THORPE MARKET, in the NR11 postcode district. The below map shows the position of NOR HOUSE on SANDPIT LANE.