THE BEECHES, CLARKS LOKE, BLOFIELD, NORWICH, NR13 4QU - £440,000

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 BEECHES is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £440,000 in July 2024, which was around 3% above the average July 2024 detached price in the Broadland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

THE BEECHES Sold Prices

Land registry data shows three sales for THE BEECHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Two of the three THE BEECHES sales were for above the average price, whilst one was 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
2024 30 JUL	£440,000	£427,090	3% above HPI
2022 27 JAN	£373,000	£398,095	6% below HPI
2002 28 FEB	£160,000	£145,849	10% above HPI

THE BEECHES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three THE BEECHES sales between February 2002 and July 2024 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 January 2022 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 85m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield Heath, and where THE BEECHES lies on this distribution: 17% of detached houses are smaller than THE BEECHES, and 81% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of THE BEECHES, 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 BEECHES). 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 BEECHES?

THE BEECHES is located on CLARKS LOKE in BLOFIELD, in the NR13 postcode district. The below map shows the position of THE BEECHES on CLARKS LOKE.