THE GABLES, WALCOTT ROAD, BACTON, NORWICH, NR12 0EX - £383,000

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 GABLES is a large detached house of 158m², built sometime between 2003 and 2006. It was last sold for £383,000 in August 2016, which was around 25% above the average August 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two THE GABLES 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
2016 31 AUG	£383,000	£307,279	25% above HPI
2004 16 SEP	£249,995	£219,900	14% above HPI

THE GABLES 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 two THE GABLES sales from September 2004 and August 2016 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 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE GABLES?

THE GABLES is 158m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where THE GABLES lies on this distribution: 78% of detached houses are smaller than THE GABLES, and 22% of houses are larger. Note that EPC data is not available for all properties in Bacton.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.348 of an acre, or 1,406m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on WALCOTT ROAD in BACTON, in the NR12 postcode district. The below map shows the position of THE GABLES on WALCOTT ROAD.