THE CROFT, THE STREET, NEATISHEAD, NORWICH, NR12 8XG - £265,000

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 CROFT is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £265,000 in December 2015, which was around 10% below the average December 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

THE CROFT Sold Prices

Land registry data shows three sales for THE CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three THE CROFT 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 14 DEC	£265,000	£295,013	10% below HPI
1999 16 AUG	£87,000	£89,913	3% below HPI
1996 11 OCT	£64,000	£69,682	8% below HPI

THE CROFT 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 three THE CROFT sales between October 1996 and December 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 August 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE CROFT?

THE CROFT is 84m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Neatishead, based on EPC data. The below chart shows the distribution of detached houses by size in Neatishead, and where THE CROFT lies on this distribution: 4% of detached houses are smaller than THE CROFT, and 96% of houses are larger. Note that EPC data is not available for all properties in Neatishead.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of THE CROFT, 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 CROFT). 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 CROFT?

THE CROFT is located on THE STREET in NEATISHEAD, in the NR12 postcode district. The below map shows the position of THE CROFT on THE STREET.