THE HIDES, FLORDON ROAD, NEWTON FLOTMAN, NORWICH, NR15 1QX - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE HIDES is a large extended detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £436,165. It was last sold for £250,000 in December 2012, which was around 1% above the average December 2012 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

THE HIDES Sold Prices

Land registry data shows three sales for THE HIDES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the three THE HIDES sales was for above the average price, whilst two were for below 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
2012 19 DEC	£250,000	£247,256	1% above HPI
2010 20 MAY	£192,000	£240,148	20% below HPI
2003 12 DEC	£185,000	£205,226	10% below HPI

THE HIDES 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 three THE HIDES sales between December 2003 and December 2012 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 May 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might THE HIDES be worth now?

THE HIDES might now be worth an estimated £436,165.

This is based on house price inflation of 74.5%, between December 2012 and December 2024, for 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 74.5% inflationary increase is applied to the most recent sale price for THE HIDES of £250,000 on 19th December 2012. For the value to have increased from £250,000 to £436,165 over the twelve years to December 2024, the following assumptions must hold true:

• The value of THE HIDES has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of THE HIDES has not materially changed since December 2012.

How Large is THE HIDES?

THE HIDES is 126m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where THE HIDES lies on this distribution: 68% of detached houses houses are smaller than THE HIDES, and 32% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

THE HIDES: Plot and Title Map

THE HIDES sits on a plot of roughly 0.356 of an acre, or 1,440m². The below map shows the location of THE HIDES, 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 HIDES). 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 HIDES?

THE HIDES is located on FLORDON ROAD in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of THE HIDES on FLORDON ROAD.