OLD POST OFFICE, THE STREET, SHOTESHAM ALL SAINTS, NORWICH, NR15 1YL - £245,000

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

OLD POST OFFICE is a very small extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £245,000 in February 2012, which was around 7% above the average February 2012 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

OLD POST OFFICE Sold Prices

Land registry data shows four sales for OLD POST OFFICE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four OLD POST OFFICE 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
2012 24 FEB	£245,000	£229,943	7% above HPI
2006 21 SEP	£250,000	£240,817	4% above HPI
2003 25 JUL	£250,000	£189,420	32% above HPI
1998 16 JAN	£86,500	£83,896	3% above HPI

OLD POST OFFICE 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 four OLD POST OFFICE sales between January 1998 and February 2012 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 September 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is OLD POST OFFICE?

OLD POST OFFICE is 112m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Shotesham, based on EPC data. The below chart shows the distribution of detached houses by size in Shotesham, and where OLD POST OFFICE lies on this distribution: 6% of detached houses are smaller than OLD POST OFFICE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shotesham.

OLD POST OFFICE: Plot and Title Map

OLD POST OFFICE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of OLD POST OFFICE, 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 OLD POST OFFICE). 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 OLD POST OFFICE?

OLD POST OFFICE is located on THE STREET in SHOTESHAM ALL SAINTS, in the NR15 postcode district. The below map shows the position of OLD POST OFFICE on THE STREET.