ROSEACRE, BREWERY ROAD, TRUNCH, NORTH WALSHAM, NR28 0PU - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSEACRE is a small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £345,588. It was last sold for £285,000 in January 2020, which was around 20% below the average January 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

ROSEACRE Sold Prices

Land registry data shows five sales for ROSEACRE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five ROSEACRE 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 17 JAN	£285,000	£355,287	20% below HPI
2017 4 OCT	£265,000	£339,187	22% below HPI
2014 14 FEB	£180,000	£253,241	29% below HPI
2010 25 OCT	£190,000	£248,812	24% below HPI
1998 18 MAR	£60,000	£79,894	25% below HPI

ROSEACRE 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 five ROSEACRE sales between March 1998 and January 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 October 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might ROSEACRE be worth now?

ROSEACRE might now be worth an estimated £345,588.

This is based on house price inflation of 21.3%, between January 2020 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for ROSEACRE of £285,000 on 17th January 2020. For the value to have increased from £285,000 to £345,588 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of ROSEACRE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEACRE has not materially changed since January 2020.

How Large is ROSEACRE?

ROSEACRE is 76m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trunch, and where ROSEACRE lies on this distribution: 30% of detached houses houses are smaller than ROSEACRE, and 68% of houses are larger. Note that EPC data is not available for all properties in Trunch.

ROSEACRE: Plot and Title Map

ROSEACRE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of ROSEACRE, 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 ROSEACRE). 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 ROSEACRE?

ROSEACRE is located on BREWERY ROAD in TRUNCH, in the NR28 postcode district. The below map shows the position of ROSEACRE on BREWERY ROAD.