THE FARTHING, YARMOUTH ROAD, HALES, NORWICH, NR14 6AB - £307,000

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 FARTHING is a midsized extended semi-detached house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £390,533. It was last sold for £307,000 in January 2020, which was around 38% above the average January 2020 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was F, and the potential energy rating was C.

THE FARTHING Sold Prices

Land registry data shows two sales for THE FARTHING since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two THE FARTHING 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
2020 15 JAN	£307,000	£222,731	38% above HPI
1997 30 JUL	£65,000	£49,708	31% above HPI

THE FARTHING Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two THE FARTHING sales from July 1997 and January 2020 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 July 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might THE FARTHING be worth now?

THE FARTHING might now be worth an estimated £390,533.

This is based on house price inflation of 27.2%, between January 2020 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for THE FARTHING of £307,000 on 15th January 2020. For the value to have increased from £307,000 to £390,533 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of THE FARTHING has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The January 2020 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of THE FARTHING has not materially changed since January 2020.

How Large is THE FARTHING?

THE FARTHING is 129m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of semi-detached houses houses in Hales, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hales, and where THE FARTHING lies on this distribution: 53% of semi-detached houses houses are smaller than THE FARTHING, and 47% of houses are larger. Note that EPC data is not available for all properties in Hales.

THE FARTHING: Plot and Title Map

THE FARTHING sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of THE FARTHING, 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 FARTHING). 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 FARTHING?

THE FARTHING is located on YARMOUTH ROAD in HALES, in the NR14 postcode district. The below map shows the position of THE FARTHING on YARMOUTH ROAD.