THE BEECHES, CROMER ROAD, THORPE MARKET, NORWICH, NR11 8TF - £353,000

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 BEECHES is a very large extended detached house of 177m², built sometime between 1996 and 2002. It was last sold for £353,000 in March 2016, which was around 18% above the average March 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

THE BEECHES Sold Prices

Land registry data shows two sales for THE BEECHES 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 BEECHES 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
2016 1 MAR	£353,000	£299,942	18% above HPI
2000 19 MAY	£149,500	£104,026	44% above HPI

THE BEECHES 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 BEECHES sales from May 2000 and March 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 2000 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 177m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Thorpe Market, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Market, and where THE BEECHES lies on this distribution: 86% of detached houses are smaller than THE BEECHES, and 14% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.252 of an acre, or 1,021m². 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 CROMER ROAD in THORPE MARKET, in the NR11 postcode district. The below map shows the position of THE BEECHES on CROMER ROAD.