THE BURROW, LATCHMOOR LANE, LUDHAM, GREAT YARMOUTH, NR29 5QY - £219,350

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE BURROW is a large detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £390,143. It was last sold for £219,350 in March 2010, which was around 8% below the average March 2010 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

THE BURROW Sold Prices

Land registry data shows two sales for THE BURROW 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 BURROW 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
2010 3 MAR	£219,350	£238,116	8% below HPI
1998 3 FEB	£59,950	£78,667	24% below HPI

THE BURROW 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 BURROW sales from February 1998 and March 2010 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 February 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2010 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might THE BURROW be worth now?

THE BURROW might now be worth an estimated £390,143.

This is based on house price inflation of 77.9%, between March 2010 and March 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.9% inflationary increase is applied to the most recent sale price for THE BURROW of £219,350 on 3rd March 2010. For the value to have increased from £219,350 to £390,143 over the fifteen years to March 2025, the following assumptions must hold true:

• The value of THE BURROW has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2010 sale price of £219,350 represented a fair market value for the property.
• The size, condition, and specification of THE BURROW has not materially changed since March 2010.

How Large is THE BURROW?

THE BURROW is 119m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludham, and where THE BURROW lies on this distribution: 60% of detached houses houses are smaller than THE BURROW, and 40% of houses are larger. Note that EPC data is not available for all properties in Ludham.

THE BURROW: Plot and Title Map

THE BURROW sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of THE BURROW, 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 BURROW). 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 BURROW?

THE BURROW is located on LATCHMOOR LANE in LUDHAM, in the NR29 postcode district. The below map shows the position of THE BURROW on LATCHMOOR LANE.