THE HOMESTEAD, THE STREET, BRAMERTON, NORWICH, NR14 7DW - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE HOMESTEAD is a large extended detached house of 220m², built sometime between 1900 and 1929, which could now be worth an estimated £355,884. It was last sold for £350,000 in April 2023, which was around 19% below the average April 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was D.

THE HOMESTEAD Sold Prices

Land registry data shows two sales for THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two THE HOMESTEAD sales was for below the average price, whilst the other was 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
2023 5 APR	£350,000	£432,819	19% below HPI
2020 17 DEC	£835,000	£374,902	123% above HPI

THE HOMESTEAD 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 two THE HOMESTEAD sales from December 2020 and April 2023 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 December 2020 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the April 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might THE HOMESTEAD be worth now?

THE HOMESTEAD might now be worth an estimated £355,884.

This is based on house price inflation of 1.7%, between April 2023 and February 2025, 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 1.7% inflationary increase is applied to the most recent sale price for THE HOMESTEAD of £350,000 on 5th April 2023. For the value to have increased from £350,000 to £355,884 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of THE HOMESTEAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOMESTEAD has not materially changed since April 2023.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 220m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Bramerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bramerton, and where THE HOMESTEAD lies on this distribution: 66% of detached houses houses are smaller than THE HOMESTEAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Bramerton.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.553 of an acre, or 2,238m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

THE HOMESTEAD is located on THE STREET in BRAMERTON, in the NR14 postcode district. The below map shows the position of THE HOMESTEAD on THE STREET.