OAKDENE, OAK CLOSE, HETHERSETT, NORWICH, NR9 3PX - £318,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAKDENE is a small detached house of 100m², built sometime between 1991 and 1995. It was last sold for £318,000 in August 2019, which was around 4% below the average August 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

OAKDENE Sold Prices

Land registry data shows two sales for OAKDENE 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 OAKDENE 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
2019 30 AUG	£318,000	£331,281	4% below HPI
2006 30 JUN	£262,500	£235,948	11% above HPI

OAKDENE 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 OAKDENE sales from June 2006 and August 2019 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 June 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is OAKDENE?

OAKDENE is 100m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where OAKDENE lies on this distribution: 40% of detached houses are smaller than OAKDENE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of OAKDENE, 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 OAKDENE). 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 OAKDENE?

OAKDENE is located on OAK CLOSE in HETHERSETT, in the NR9 postcode district. The below map shows the position of OAKDENE on OAK CLOSE.