THE KNOLL, TUNSTEAD ROAD, HOVETON, NORWICH, NR12 8QN - £350,000

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 KNOLL is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £350,000 in September 2022, which was around 21% below the average September 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

THE KNOLL Sold Prices

Land registry data shows two sales for THE KNOLL 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 KNOLL sales 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
2022 21 SEP	£350,000	£443,591	21% below HPI
2007 8 FEB	£200,000	£244,879	18% below HPI

THE KNOLL 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 KNOLL sales from February 2007 and September 2022 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 February 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE KNOLL?

THE KNOLL is 90m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where THE KNOLL lies on this distribution: 33% of detached houses are smaller than THE KNOLL, and 66% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

THE KNOLL: Plot and Title Map

THE KNOLL sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of THE KNOLL, 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 KNOLL). 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 KNOLL?

THE KNOLL is located on TUNSTEAD ROAD in HOVETON, in the NR12 postcode district. The below map shows the position of THE KNOLL on TUNSTEAD ROAD.