SCHOOL VIEW, HEYDON ROAD, CORPUSTY, NORWICH, NR11 6QQ - £292,500

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.

SCHOOL VIEW is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £323,037. It was last sold for £292,500 in June 2021, which was around 25% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

SCHOOL VIEW Sold Prices

Land registry data shows three sales for SCHOOL VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three SCHOOL VIEW 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
2021 30 JUN	£292,500	£390,091	25% below HPI
2006 27 JUL	£163,000	£231,394	30% below HPI
1999 9 MAR	£65,200	£85,232	24% below HPI

SCHOOL VIEW 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 three SCHOOL VIEW sales between March 1999 and June 2021 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 July 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might SCHOOL VIEW be worth now?

SCHOOL VIEW might now be worth an estimated £323,037.

This is based on house price inflation of 10.4%, between June 2021 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 10.4% inflationary increase is applied to the most recent sale price for SCHOOL VIEW of £292,500 on 30th June 2021. For the value to have increased from £292,500 to £323,037 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of SCHOOL VIEW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2021 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL VIEW has not materially changed since June 2021.

How Large is SCHOOL VIEW?

SCHOOL VIEW is 75m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Corpusty, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corpusty, and where SCHOOL VIEW lies on this distribution: 8% of detached houses houses are smaller than SCHOOL VIEW, and 92% of houses are larger. Note that EPC data is not available for all properties in Corpusty.

SCHOOL VIEW: Plot and Title Map

SCHOOL VIEW sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of SCHOOL VIEW, 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 SCHOOL VIEW). 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 SCHOOL VIEW?

SCHOOL VIEW is located on HEYDON ROAD in CORPUSTY, in the NR11 postcode district. The below map shows the position of SCHOOL VIEW on HEYDON ROAD.