PERSEVERANCE, HOLT ROAD, AYLMERTON, NORWICH, NR11 8QD - £279,000

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

PERSEVERANCE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £279,000 in April 2019, which was around 19% below the average April 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

PERSEVERANCE Sold Prices

Land registry data shows three sales for PERSEVERANCE 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 PERSEVERANCE 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
2019 16 APR	£279,000	£342,994	19% below HPI
2015 20 APR	£196,950	£273,039	28% below HPI
2001 12 OCT	£98,000	£128,152	24% below HPI

PERSEVERANCE 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 PERSEVERANCE sales between October 2001 and April 2019 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 April 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is PERSEVERANCE?

PERSEVERANCE is 86m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Aylmerton, based on EPC data. The below chart shows the distribution of detached houses by size in Aylmerton, and where PERSEVERANCE lies on this distribution: 12% of detached houses are smaller than PERSEVERANCE, and 88% of houses are larger. Note that EPC data is not available for all properties in Aylmerton.

PERSEVERANCE: Plot and Title Map

PERSEVERANCE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of PERSEVERANCE, 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 PERSEVERANCE). 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 PERSEVERANCE?

PERSEVERANCE is located on HOLT ROAD in AYLMERTON, in the NR11 postcode district. The below map shows the position of PERSEVERANCE on HOLT ROAD.