ROSE VILLA, HORNING ROAD WEST, HOVETON, NORWICH, NR12 8QH - £265,000

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

ROSE VILLA is a small detached house of 91m², built sometime between 1900 and 1929. It was last sold for £265,000 in January 2015, which was around 1% below the average January 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

ROSE VILLA Sold Prices

Land registry data shows two sales for ROSE VILLA 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. One of the two ROSE VILLA sales was for below the average price, whilst the other was 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
2015 5 JAN	£265,000	£268,829	1% below HPI
2001 12 OCT	£165,000	£128,152	29% above HPI

ROSE VILLA 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 ROSE VILLA sales from October 2001 and January 2015 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 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is ROSE VILLA?

ROSE VILLA is 91m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where ROSE VILLA lies on this distribution: 36% of detached houses are smaller than ROSE VILLA, and 64% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

ROSE VILLA: Plot and Title Map

ROSE VILLA sits on a plot of roughly 0.316 of an acre, or 1,280m². The below map shows the location of ROSE VILLA, 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 ROSE VILLA). 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 ROSE VILLA?

ROSE VILLA is located on HORNING ROAD WEST in HOVETON, in the NR12 postcode district. The below map shows the position of ROSE VILLA on HORNING ROAD WEST.