THE KNOWLE, THE STREET, GELDESTON, BECCLES, NR34 0LB - £580,000

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 KNOWLE is a very large extended detached house of 194m², built sometime between 1983 and 1990. It was last sold for £580,000 in March 2021, which was around 60% above the average March 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

THE KNOWLE Sold Prices

Land registry data shows five sales for THE KNOWLE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five THE KNOWLE 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
2021 9 MAR	£580,000	£362,785	60% above HPI
2009 29 SEP	£350,000	£220,592	59% above HPI
2009 12 FEB	£225,000	£212,900	6% above HPI
1996 12 DEC	£155,000	£77,890	99% above HPI
1995 31 MAR	£130,000	£73,389	77% above HPI

THE KNOWLE 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 five THE KNOWLE sales between March 1995 and March 2021 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 2009 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE KNOWLE?

THE KNOWLE is 194m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses in Geldeston, based on EPC data. The below chart shows the distribution of detached houses by size in Geldeston, and where THE KNOWLE lies on this distribution: 93% of detached houses are smaller than THE KNOWLE, and 7% of houses are larger. Note that EPC data is not available for all properties in Geldeston.

THE KNOWLE: Plot and Title Map

THE KNOWLE sits on a plot of roughly 0.988 of an acre, or 3,997m². The below map shows the location of THE KNOWLE, 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 KNOWLE). 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 KNOWLE?

THE KNOWLE is located on THE STREET in GELDESTON, in the NR34 postcode district. The below map shows the position of THE KNOWLE on THE STREET.