OAKLEA, MARKET STREET, TUNSTEAD, NORWICH, NR12 8AH - £322,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

OAKLEA is a very large extended detached house of 177m², built sometime between 1983 and 1990. It was last sold for £322,000 in February 2014, which was around 28% above the average February 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

OAKLEA Sold Prices

Land registry data shows three sales for OAKLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three OAKLEA 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
2014 28 FEB	£322,000	£250,813	28% above HPI
2010 22 JAN	£335,000	£235,044	43% above HPI
1998 23 JUN	£145,000	£85,067	70% above HPI

OAKLEA 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 three OAKLEA sales between June 1998 and February 2014 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 January 2010 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2014 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is OAKLEA?

OAKLEA is 177m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where OAKLEA lies on this distribution: 89% of detached houses are smaller than OAKLEA, and 11% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.357 of an acre, or 1,444m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of OAKLEA on MARKET STREET.