SILVER SANDS, POPLAR DRIVE, WALCOTT, NORWICH, NR12 0LZ - £158,000

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

SILVER SANDS is a large extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £158,000 in October 2016, which was around 49% below the average October 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was D.

SILVER SANDS Sold Prices

Land registry data shows two sales for SILVER SANDS 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 SILVER SANDS 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
2016 10 OCT	£158,000	£310,406	49% below HPI
2011 26 AUG	£130,000	£242,490	46% below HPI

SILVER SANDS 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 SILVER SANDS sales from August 2011 and October 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 August 2011 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is SILVER SANDS?

SILVER SANDS is 86m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where SILVER SANDS lies on this distribution: 61% of detached houses are smaller than SILVER SANDS, and 38% of houses are larger. Note that EPC data is not available for all properties in Walcott.

SILVER SANDS: Plot and Title Map

SILVER SANDS sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of SILVER SANDS, 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 SILVER SANDS). 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 SILVER SANDS?

SILVER SANDS is located on POPLAR DRIVE in WALCOTT, in the NR12 postcode district. The below map shows the position of SILVER SANDS on POPLAR DRIVE.