SHERBOURNE, THE STREET, HICKLING, NORWICH, NR12 0XX - £395,000

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

SHERBOURNE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £395,000 in June 2023, which was around 8% below the average June 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

SHERBOURNE Sold Prices

Land registry data shows two sales for SHERBOURNE 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 SHERBOURNE 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
2023 6 JUN	£395,000	£430,548	8% below HPI
2015 20 AUG	£183,500	£286,328	36% below HPI

SHERBOURNE 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 SHERBOURNE sales from August 2015 and June 2023 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 August 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is SHERBOURNE?

SHERBOURNE is 131m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where SHERBOURNE lies on this distribution: 61% of detached houses are smaller than SHERBOURNE, and 38% of houses are larger. Note that EPC data is not available for all properties in Hickling.

SHERBOURNE: Plot and Title Map

SHERBOURNE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of SHERBOURNE, 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 SHERBOURNE). 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 SHERBOURNE?

SHERBOURNE is located on THE STREET in HICKLING, in the NR12 postcode district. The below map shows the position of SHERBOURNE on THE STREET.