SUMMERHOLME, COAST ROAD, WALCOTT, NORWICH, NR12 0ND - £135,000

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

SUMMERHOLME is a midsized extended detached house of 77m², built sometime between 1900 and 1929. It was last sold for £135,000 in October 2014, which was around 50% below the average October 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

SUMMERHOLME Sold Prices

Land registry data shows two sales for SUMMERHOLME 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 SUMMERHOLME 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
2014 8 OCT	£135,000	£270,209	50% below HPI
2007 26 JAN	£124,950	£244,597	49% below HPI

SUMMERHOLME 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 SUMMERHOLME sales from January 2007 and October 2014 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 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is SUMMERHOLME?

SUMMERHOLME is 77m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where SUMMERHOLME lies on this distribution: 43% of detached houses are smaller than SUMMERHOLME, and 55% of houses are larger. Note that EPC data is not available for all properties in Walcott.

SUMMERHOLME: Plot and Title Map

SUMMERHOLME sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of SUMMERHOLME, 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 SUMMERHOLME). 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 SUMMERHOLME?

SUMMERHOLME is located on COAST ROAD in WALCOTT, in the NR12 postcode district. The below map shows the position of SUMMERHOLME on COAST ROAD.