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

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 HIDES is a large extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £250,000 in December 2012, which was around 4% 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	£239,743	4% above HPI
2010 20 MAY	£192,000	£232,851	18% below HPI
2003 12 DEC	£185,000	£198,990	7% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2012 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

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 in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Flotman, and where THE HIDES lies on this distribution: 68% of detached 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.