ORCHID HOUSE, WOOD NORTON ROAD, STIBBARD, FAKENHAM, NR21 0EX - £545,000

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

ORCHID HOUSE is a midsized extended detached house of 150m², built sometime between 1991 and 1995. It was last sold for £545,000 in October 2022, which was around 27% above the average October 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

ORCHID HOUSE Sold Prices

Land registry data shows two sales for ORCHID HOUSE 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 ORCHID HOUSE 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
2022 13 OCT	£545,000	£429,331	27% above HPI
2004 23 JUN	£270,000	£200,798	34% above HPI

ORCHID HOUSE 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 ORCHID HOUSE sales from June 2004 and October 2022 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 June 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is ORCHID HOUSE?

ORCHID HOUSE is 150m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Stibbard, based on EPC data. The below chart shows the distribution of detached houses by size in Stibbard, and where ORCHID HOUSE lies on this distribution: 57% of detached houses are smaller than ORCHID HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Stibbard.

ORCHID HOUSE: Plot and Title Map

ORCHID HOUSE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of ORCHID HOUSE, 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 ORCHID HOUSE). 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 ORCHID HOUSE?

ORCHID HOUSE is located on WOOD NORTON ROAD in STIBBARD, in the NR21 postcode district. The below map shows the position of ORCHID HOUSE on WOOD NORTON ROAD.