OAKRISE, CHURCH ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LH - £232,000

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

OAKRISE is a large detached house of 152m², built sometime between 1983 and 1990. It was last sold for £232,000 in May 2005, which was around 10% above the average May 2005 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

OAKRISE Sold Prices

Land registry data shows two sales for OAKRISE 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 OAKRISE 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
2005 20 MAY	£232,000	£210,462	10% above HPI
2000 21 JUL	£128,000	£106,938	20% above HPI

OAKRISE 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 OAKRISE sales from July 2000 and May 2005 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 July 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2005 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is OAKRISE?

OAKRISE is 152m² according to the EPC inspection conducted in August 2010. This puts it in the largest 30% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where OAKRISE lies on this distribution: 71% of detached houses are smaller than OAKRISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

OAKRISE: Plot and Title Map

OAKRISE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of OAKRISE, 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 OAKRISE). 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 OAKRISE?

OAKRISE is located on CHURCH ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of OAKRISE on CHURCH ROAD.