SUMMERHOLME, HORNING ROAD WEST, HOVETON, NORWICH, NR12 8QJ - £375,000

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.

SUMMERHOLME is a large extended detached house of 135m², built sometime between 1900 and 1929, which could now be worth an estimated £588,799. It was last sold for £375,000 in June 2015, which was around 37% above the average June 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2015, 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 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
2015 4 JUN	£375,000	£274,383	37% above HPI
2003 2 JUL	£190,000	£178,210	7% above 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 July 2003 and June 2015 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 July 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2015 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might SUMMERHOLME be worth now?

SUMMERHOLME might now be worth an estimated £588,799.

This is based on house price inflation of 57%, between June 2015 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 57% inflationary increase is applied to the most recent sale price for SUMMERHOLME of £375,000 on 4th June 2015. For the value to have increased from £375,000 to £588,799 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of SUMMERHOLME has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMERHOLME has not materially changed since June 2015.

How Large is SUMMERHOLME?

SUMMERHOLME is 135m², which includes three extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 30% 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 SUMMERHOLME lies on this distribution: 78% of detached houses houses are smaller than SUMMERHOLME, and 22% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

SUMMERHOLME: Plot and Title Map

SUMMERHOLME sits on a plot of roughly 0.227 of an acre, or 919m². 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 HORNING ROAD WEST in HOVETON, in the NR12 postcode district. The below map shows the position of SUMMERHOLME on HORNING ROAD WEST.