PENRHOS, COAST ROAD, WALCOTT, NORWICH, NR12 0NG - £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

PENRHOS is a large detached house of 91m², built sometime between 1950 and 1966. It was last sold for £220,000 in October 2020, which was around 43% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

PENRHOS Sold Prices

Land registry data shows three sales for PENRHOS 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 PENRHOS 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
2020 2 OCT	£220,000	£386,180	43% below HPI
2012 17 FEB	£124,500	£237,369	48% below HPI
1998 28 JUL	£54,500	£84,538	36% below HPI

PENRHOS 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 PENRHOS sales between July 1998 and October 2020 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 February 2012 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is PENRHOS?

PENRHOS is 91m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where PENRHOS lies on this distribution: 66% of detached houses are smaller than PENRHOS, and 34% of houses are larger. Note that EPC data is not available for all properties in Walcott.

PENRHOS: Plot and Title Map

PENRHOS sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of PENRHOS, 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 PENRHOS). 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 PENRHOS?

PENRHOS is located on COAST ROAD in WALCOTT, in the NR12 postcode district. The below map shows the position of PENRHOS on COAST ROAD.