OAKHAVEN, WRIGHTS LOKE, TRUNCH, NORTH WALSHAM, NR28 0QJ - £274,000

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.

OAKHAVEN is a large detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £337,585. It was last sold for £274,000 in November 2018, which was around 22% below the average November 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

OAKHAVEN Sold Prices

Land registry data shows two sales for OAKHAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two OAKHAVEN 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
2018 22 NOV	£274,000	£349,672	22% below HPI
2013 12 FEB	£239,000	£240,893	1% below HPI

OAKHAVEN 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 two OAKHAVEN sales from February 2013 and November 2018 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 February 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might OAKHAVEN be worth now?

OAKHAVEN might now be worth an estimated £337,585.

This is based on house price inflation of 23.2%, between November 2018 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 23.2% inflationary increase is applied to the most recent sale price for OAKHAVEN of £274,000 on 22nd November 2018. For the value to have increased from £274,000 to £337,585 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of OAKHAVEN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2018 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of OAKHAVEN has not materially changed since November 2018.

How Large is OAKHAVEN?

OAKHAVEN is 108m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trunch, and where OAKHAVEN lies on this distribution: 67% of detached houses houses are smaller than OAKHAVEN, and 33% of houses are larger. Note that EPC data is not available for all properties in Trunch.

OAKHAVEN: Plot and Title Map

OAKHAVEN sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of OAKHAVEN, 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 OAKHAVEN). 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 OAKHAVEN?

OAKHAVEN is located on WRIGHTS LOKE in TRUNCH, in the NR28 postcode district. The below map shows the position of OAKHAVEN on WRIGHTS LOKE.