SAILS BARN, FOULSHAM ROAD, HINDOLVESTON, DEREHAM, NR20 5BY - £289,950

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

SAILS BARN is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £289,950 in February 2016, which was around 1% below the average February 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

SAILS BARN Sold Prices

Land registry data shows four sales for SAILS BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. two of the four SAILS BARN sales were for below the average price, and four 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
2016 18 FEB	£289,950	£294,213	1% below HPI
2012 21 SEP	£195,000	£231,019	16% below HPI
2006 21 DEC	£240,000	£237,993	1% above HPI
1998 30 MAR	£85,000	£79,128	7% above HPI

SAILS BARN 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 four SAILS BARN sales between March 1998 and February 2016 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 September 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is SAILS BARN?

SAILS BARN is 84m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Hindolveston, based on EPC data. The below chart shows the distribution of detached houses by size in Hindolveston, and where SAILS BARN lies on this distribution: 4% of detached houses are smaller than SAILS BARN, and 96% of houses are larger. Note that EPC data is not available for all properties in Hindolveston.

SAILS BARN: Plot and Title Map

SAILS BARN sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of SAILS 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 SAILS 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 SAILS BARN?

SAILS BARN is located on FOULSHAM ROAD in HINDOLVESTON, in the NR20 postcode district. The below map shows the position of SAILS BARN on FOULSHAM ROAD.