THE FIRS, HIGH STREET, LUDHAM, GREAT YARMOUTH, NR29 5QQ - £585,000

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 FIRS is a very large detached house of 156m², built sometime before 1900. It was last sold for £585,000 in November 2021, which was around 47% above the average November 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was A.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS 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 FIRS 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 5 NOV	£585,000	£398,854	47% above HPI
2000 18 APR	£180,000	£101,907	77% above HPI
1996 8 NOV	£105,000	£71,828	46% above HPI

THE FIRS 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 FIRS sales between November 1996 and November 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 April 2000 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the November 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is THE FIRS?

THE FIRS is 156m² according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where THE FIRS lies on this distribution: 80% of detached houses are smaller than THE FIRS, and 20% of houses are larger. Note that EPC data is not available for all properties in Ludham.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on HIGH STREET in LUDHAM, in the NR29 postcode district. The below map shows the position of THE FIRS on HIGH STREET.