STEPPING STONES, MARKET STREET, TUNSTEAD, NORWICH, NR12 8EL - £430,000

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

STEPPING STONES is a large detached house of 160m², built sometime between 1991 and 1995. It was last sold for £430,000 in October 2019, which was around 21% above the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

STEPPING STONES Sold Prices

Land registry data shows two sales for STEPPING STONES 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 STEPPING STONES 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 31 OCT	£430,000	£355,649	21% above HPI
2006 1 SEP	£286,000	£234,191	22% above HPI

STEPPING STONES 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 STEPPING STONES sales from September 2006 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 September 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is STEPPING STONES?

STEPPING STONES is 160m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where STEPPING STONES lies on this distribution: 77% of detached houses are smaller than STEPPING STONES, and 23% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

STEPPING STONES: Plot and Title Map

STEPPING STONES sits on a plot of roughly 0.216 of an acre, or 872m². The below map shows the location of STEPPING STONES, 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 STEPPING STONES). 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 STEPPING STONES?

STEPPING STONES is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of STEPPING STONES on MARKET STREET.