THE FERNS, BEECH ROAD, WROXHAM, NORWICH, NR12 8TW - £575,000

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 FERNS is a midsized extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £575,000 in May 2019, which was around 70% above the average May 2019 detached price in the Broadland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

THE FERNS Sold Prices

Land registry data shows three sales for THE FERNS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three THE FERNS 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
2019 10 MAY	£575,000	£338,572	70% above HPI
2002 25 SEP	£240,000	£171,935	40% above HPI
1997 16 MAY	£94,000	£73,522	28% above HPI

THE FERNS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three THE FERNS sales between May 1997 and May 2019 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 September 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2019 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE FERNS?

THE FERNS is 137m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxham, and where THE FERNS lies on this distribution: 42% of detached houses are smaller than THE FERNS, and 57% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

THE FERNS: Plot and Title Map

THE FERNS sits on a plot of roughly 0.216 of an acre, or 876m². The below map shows the location of THE FERNS, 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 FERNS). 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 FERNS?

THE FERNS is located on BEECH ROAD in WROXHAM, in the NR12 postcode district. The below map shows the position of THE FERNS on BEECH ROAD.