THE ARK, THE STREET, ERPINGHAM, NORWICH, NR11 7QB - £570,000

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

THE ARK is a very large extended detached house of 297m², built sometime before 1900. It was last sold for £570,000 in August 2020, which was around 61% above the average August 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was A.

THE ARK Sold Prices

Land registry data shows two sales for THE ARK 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 THE ARK 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
2020 14 AUG	£570,000	£353,478	61% above HPI
2004 29 JUL	£387,000	£209,312	85% above HPI

THE ARK 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 THE ARK sales from July 2004 and August 2020 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 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2020 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE ARK?

THE ARK is 297m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses by size in Erpingham, and where THE ARK lies on this distribution: 98% of detached houses are smaller than THE ARK, and 2% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

THE ARK: Plot and Title Map

THE ARK sits on a plot of roughly 1.3 acres, or 5,375m². The below map shows the location of THE ARK, 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 ARK). 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 ARK?

THE ARK is located on THE STREET in ERPINGHAM, in the NR11 postcode district. The below map shows the position of THE ARK on THE STREET.