SOUTHGATE, WIVETON ROAD, BLAKENEY, HOLT, NR25 7NJ - £2,010,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SOUTHGATE is a very large extended detached house of 282m², built sometime between 1976 and 1982. It was last sold for £2,010,000 in November 2022, which was around 365% above the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

SOUTHGATE Sold Prices

Land registry data shows two sales for SOUTHGATE 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 SOUTHGATE 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
2022 11 NOV	£2,010,000	£432,068	365% above HPI
2022 27 APR	£1,300,000	£422,713	208% above HPI

SOUTHGATE 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 SOUTHGATE sales from April 2022 and November 2022 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 April 2022 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the November 2022 sale, where it rises to 365% above the HPI. The line then continues to track at 365% above the HPI.

How Large is SOUTHGATE?

SOUTHGATE is 282m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Blakeney, based on EPC data. The below chart shows the distribution of detached houses by size in Blakeney, and where SOUTHGATE lies on this distribution: 93% of detached houses are smaller than SOUTHGATE, and 7% of houses are larger. Note that EPC data is not available for all properties in Blakeney.

SOUTHGATE: Plot and Title Map

SOUTHGATE sits on a plot of roughly 0.750 of an acre, or 3,035m². The below map shows the location of SOUTHGATE, 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 SOUTHGATE). 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 SOUTHGATE?

SOUTHGATE is located on WIVETON ROAD in BLAKENEY, in the NR25 postcode district. The below map shows the position of SOUTHGATE on WIVETON ROAD.