THE ALDERS, BRIDGE ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5JB - £600,000

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

THE ALDERS is a very large extended detached house of 214m², built sometime between 1967 and 1975. It was last sold for £600,000 in April 2023, which was around 43% above the average April 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

THE ALDERS Sold Prices

Land registry data shows three sales for THE ALDERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three THE ALDERS 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
2023 11 APR	£600,000	£419,279	43% above HPI
2014 8 OCT	£372,500	£270,209	38% above HPI
2002 14 AUG	£239,950	£157,156	53% above HPI

THE ALDERS 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 three THE ALDERS sales between August 2002 and April 2023 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 October 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is THE ALDERS?

THE ALDERS is 214m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where THE ALDERS lies on this distribution: 97% of detached houses are smaller than THE ALDERS, and 3% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

THE ALDERS: Plot and Title Map

THE ALDERS sits on a plot of roughly 0.299 of an acre, or 1,211m². The below map shows the location of THE ALDERS, 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 THE ALDERS). 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 THE ALDERS?

THE ALDERS is located on BRIDGE ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of THE ALDERS on BRIDGE ROAD.