THE CRAIC, GLOUCESTER PLACE, BRISTON, MELTON CONSTABLE, NR24 2LD - £167,500

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 CRAIC is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £167,500 in May 2015, which was around 38% below the average May 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

THE CRAIC Sold Prices

Land registry data shows two sales for THE CRAIC 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 CRAIC 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
2015 28 MAY	£167,500	£271,039	38% below HPI
2009 27 NOV	£135,000	£236,209	43% below HPI

THE CRAIC 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 CRAIC sales from November 2009 and May 2015 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 November 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2015 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is THE CRAIC?

THE CRAIC is 61m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Briston, based on EPC data. The below chart shows the distribution of detached houses by size in Briston, and where THE CRAIC lies on this distribution: 6% of detached houses are smaller than THE CRAIC, and 94% of houses are larger. Note that EPC data is not available for all properties in Briston.

THE CRAIC: Plot and Title Map

THE CRAIC sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of THE CRAIC, 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 CRAIC). 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 CRAIC?

THE CRAIC is located on GLOUCESTER PLACE in BRISTON, in the NR24 postcode district. The below map shows the position of THE CRAIC on GLOUCESTER PLACE.