RIVERMEAD, STAITHE ROAD, HICKLING, NORWICH, NR12 0YJ - £216,250

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

RIVERMEAD is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £216,250 in March 2010, which was around 8% below the average March 2010 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.

RIVERMEAD Sold Prices

Land registry data shows two sales for RIVERMEAD 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 RIVERMEAD 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
2010 9 MAR	£216,250	£235,833	8% below HPI
1999 12 FEB	£82,000	£84,420	3% below HPI

RIVERMEAD 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 RIVERMEAD sales from February 1999 and March 2010 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 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is RIVERMEAD?

RIVERMEAD is 87m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where RIVERMEAD lies on this distribution: 24% of detached houses are smaller than RIVERMEAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Hickling.

RIVERMEAD: Plot and Title Map

RIVERMEAD sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of RIVERMEAD, 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 RIVERMEAD). 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 RIVERMEAD?

RIVERMEAD is located on STAITHE ROAD in HICKLING, in the NR12 postcode district. The below map shows the position of RIVERMEAD on STAITHE ROAD.