OAKLEE, MOOR ROAD, SUTTON, NORWICH, NR12 9QN - £220,000

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

OAKLEE is a small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £220,000 in October 2016, which was around 29% below the average October 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

OAKLEE Sold Prices

Land registry data shows three sales for OAKLEE 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 OAKLEE 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
2016 14 OCT	£220,000	£310,406	29% below HPI
2012 4 DEC	£190,000	£252,031	25% below HPI
2007 24 AUG	£140,000	£251,809	44% below HPI

OAKLEE 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 OAKLEE sales between August 2007 and October 2016 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is OAKLEE?

OAKLEE is 81m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton, and where OAKLEE lies on this distribution: 27% of detached houses are smaller than OAKLEE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sutton.

OAKLEE: Plot and Title Map

OAKLEE sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of OAKLEE, 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 OAKLEE). 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 OAKLEE?

OAKLEE is located on MOOR ROAD in SUTTON, in the NR12 postcode district. The below map shows the position of OAKLEE on MOOR ROAD.