ONE ACRE, THE STREET, ERPINGHAM, NORWICH, NR11 7QB - £269,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ONE ACRE is a very small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £269,000 in January 2012, which was around 8% above the average January 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

ONE ACRE Sold Prices

Land registry data shows two sales for ONE ACRE 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 ONE ACRE 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 27 JAN	£269,000	£249,407	8% above HPI
2002 15 NOV	£173,000	£162,887	6% above HPI

ONE ACRE 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 ONE ACRE sales from November 2002 and January 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 November 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is ONE ACRE?

ONE ACRE is 105m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses by size in Erpingham, and where ONE ACRE lies on this distribution: 19% of detached houses are smaller than ONE ACRE, and 81% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

ONE ACRE: Plot and Title Map

ONE ACRE sits on a plot of roughly 0.812 of an acre, or 3,288m². The below map shows the location of ONE ACRE, 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 ONE ACRE). 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 ONE ACRE?

ONE ACRE is located on THE STREET in ERPINGHAM, in the NR11 postcode district. The below map shows the position of ONE ACRE on THE STREET.