RED LION BARN, EAST CHURCH STREET, KENNINGHALL, NORWICH, NR16 2EP - £495,000

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

RED LION BARN is a very large extended detached house of 229m², built sometime between 1983 and 1990. It was last sold for £495,000 in September 2014, which was around 110% above the average September 2014 detached price in the Breckland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

RED LION BARN Sold Prices

Land registry data shows two sales for RED LION BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two RED LION BARN 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
2014 10 SEP	£495,000	£235,653	110% above HPI
1999 21 OCT	£265,000	£92,232	187% above HPI

RED LION BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two RED LION BARN sales from October 1999 and September 2014 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 October 1999 sale was for 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the September 2014 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is RED LION BARN?

RED LION BARN is 229m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses in Kenninghall, based on EPC data. The below chart shows the distribution of detached houses by size in Kenninghall, and where RED LION BARN lies on this distribution: 90% of detached houses are smaller than RED LION BARN, and 10% of houses are larger. Note that EPC data is not available for all properties in Kenninghall.

RED LION BARN: Plot and Title Map

RED LION BARN sits on a plot of roughly 1.2 acres, or 4,681m². The below map shows the location of RED LION BARN, 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 RED LION BARN). 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 RED LION BARN?

RED LION BARN is located on EAST CHURCH STREET in KENNINGHALL, in the NR16 postcode district. The below map shows the position of RED LION BARN on EAST CHURCH STREET.