THE DEALS, MILL ROAD, HEMPNALL, NORWICH, NR15 2LP - £380,000

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 DEALS is a very large extended detached house of 247m², built sometime between 1900 and 1929. It was last sold for £380,000 in April 2021, which was around 4% above the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

THE DEALS Sold Prices

Land registry data shows two sales for THE DEALS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two THE DEALS 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
2021 30 APR	£380,000	£365,171	4% above HPI
2020 28 AUG	£365,000	£352,423	4% above HPI

THE DEALS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two THE DEALS sales from August 2020 and April 2021 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 2020 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2021 sale, which was also at 4% above the HPI.

How Large is THE DEALS?

THE DEALS is 247m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hempnall, and where THE DEALS lies on this distribution: 96% of detached houses are smaller than THE DEALS, and 4% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

THE DEALS: Plot and Title Map

THE DEALS sits on a plot of roughly 0.315 of an acre, or 1,275m². The below map shows the location of THE DEALS, 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 DEALS). 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 DEALS?

THE DEALS is located on MILL ROAD in HEMPNALL, in the NR15 postcode district. The below map shows the position of THE DEALS on MILL ROAD.