TERRANN, HELENA ROAD, WALCOTT, NORWICH, NR12 0LX - £150,000

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

TERRANN is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £150,000 in May 2008, which was around 39% below the average May 2008 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

TERRANN Sold Prices

Land registry data shows six sales for TERRANN since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six TERRANN 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
2008 19 MAY	£150,000	£245,929	39% below HPI
2004 22 JUL	£142,000	£209,312	32% below HPI
2002 3 MAY	£77,500	£147,049	47% below HPI
1999 24 SEP	£60,000	£94,814	37% below HPI
1999 30 JUN	£55,000	£85,272	36% below HPI
1997 31 OCT	£40,000	£77,999	49% below HPI

TERRANN 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 six TERRANN sales between October 1997 and May 2008 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2008 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is TERRANN?

TERRANN is 56m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where TERRANN lies on this distribution: 11% of detached houses are smaller than TERRANN, and 89% of houses are larger. Note that EPC data is not available for all properties in Walcott.

TERRANN: Plot and Title Map

TERRANN sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of TERRANN, 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 TERRANN). 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 TERRANN?

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