SOUTHERN HOLME, THE RHOND, HOVETON, NORWICH, NR12 8UE - £175,000

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.

SOUTHERN HOLME is a large extended detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £830,475. It was last sold for £175,000 in August 1999, which was around 93% above the average August 1999 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

SOUTHERN HOLME Sold Prices

Land registry data shows two sales for SOUTHERN HOLME 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 SOUTHERN HOLME 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
1999 6 AUG	£175,000	£90,783	93% above HPI
1995 14 NOV	£175,000	£68,669	155% above HPI

SOUTHERN HOLME 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 SOUTHERN HOLME sales from November 1995 and August 1999 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 November 1995 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the August 1999 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might SOUTHERN HOLME be worth now?

SOUTHERN HOLME might now be worth an estimated £830,475.

This is based on house price inflation of 374.6%, between August 1999 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 374.6% inflationary increase is applied to the most recent sale price for SOUTHERN HOLME of £175,000 on 6th August 1999. For the value to have increased from £175,000 to £830,475 over the 26 years and six months to February 2025, the following assumptions must hold true:

• The value of SOUTHERN HOLME has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 1999 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHERN HOLME has not materially changed since August 1999.

How Large is SOUTHERN HOLME?

SOUTHERN HOLME is 117m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveton, and where SOUTHERN HOLME lies on this distribution: 64% of detached houses houses are smaller than SOUTHERN HOLME, and 35% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

SOUTHERN HOLME: Plot and Title Map

SOUTHERN HOLME sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of SOUTHERN HOLME, 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 SOUTHERN HOLME). 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 SOUTHERN HOLME?

SOUTHERN HOLME is located on THE RHOND in HOVETON, in the NR12 postcode district. The below map shows the position of SOUTHERN HOLME on THE RHOND.