THALASSA, HELENA ROAD, WALCOTT, NORWICH, NR12 0LX - £96,000

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

THALASSA is a midsized extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £96,000 in October 2016, which was around 69% below the average October 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was F, and the potential energy rating was E.

THALASSA Sold Prices

Land registry data shows five sales for THALASSA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five THALASSA 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
2016 14 OCT	£96,000	£310,406	69% below HPI
2012 18 MAY	£95,000	£233,257	59% below HPI
2006 1 FEB	£95,000	£218,439	57% below HPI
1997 8 AUG	£23,750	£74,432	68% below HPI
1997 3 JAN	£11,950	£70,680	83% below HPI

THALASSA 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 five THALASSA sales between January 1997 and October 2016 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 May 2012 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the October 2016 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

How Large is THALASSA?

THALASSA is 74m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where THALASSA lies on this distribution: 40% of detached houses are smaller than THALASSA, and 60% of houses are larger. Note that EPC data is not available for all properties in Walcott.

THALASSA: Plot and Title Map

THALASSA sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of THALASSA, 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 THALASSA). 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 THALASSA?

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