SHIRE BARN, BENTLEY ROAD, TACOLNESTON, NORWICH, NR16 1DL - £535,000

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.

SHIRE BARN is a very large extended detached house of 224m², built sometime before 1900, which could now be worth an estimated £670,735. It was last sold for £535,000 in October 2019, which was around 52% above the average October 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was D.

SHIRE BARN Sold Prices

Land registry data shows three sales for SHIRE BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three SHIRE BARN sales 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
2019 22 OCT	£535,000	£351,034	52% above HPI
2004 23 JAN	£298,500	£204,346	46% above HPI
2002 10 OCT	£231,000	£174,362	32% above HPI

SHIRE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three SHIRE BARN sales between October 2002 and October 2019 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 January 2004 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2019 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might SHIRE BARN be worth now?

SHIRE BARN might now be worth an estimated £670,735.

This is based on house price inflation of 25.4%, between October 2019 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.4% inflationary increase is applied to the most recent sale price for SHIRE BARN of £535,000 on 22nd October 2019. For the value to have increased from £535,000 to £670,735 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of SHIRE BARN has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2019 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of SHIRE BARN has not materially changed since October 2019.

How Large is SHIRE BARN?

SHIRE BARN is 224m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tacolneston, and where SHIRE BARN lies on this distribution: 96% of detached houses houses are smaller than SHIRE BARN, and 4% of houses are larger. Note that EPC data is not available for all properties in Tacolneston.

SHIRE BARN: Plot and Title Map

SHIRE BARN sits on a plot of roughly 0.349 of an acre, or 1,413m². The below map shows the location of SHIRE 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 SHIRE 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 SHIRE BARN?

SHIRE BARN is located on BENTLEY ROAD in TACOLNESTON, in the NR16 postcode district. The below map shows the position of SHIRE BARN on BENTLEY ROAD.