THE OLD FOUNDRY, THE BUTTS, KENNINGHALL, NORWICH, NR16 2EQ - £528,000

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 OLD FOUNDRY is a very large extended detached house of 222m², built sometime before 1900. It was last sold for £528,000 in March 2021, which was around 62% above the average March 2021 detached price in the Breckland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

THE OLD FOUNDRY Sold Prices

Land registry data shows four sales for THE OLD FOUNDRY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four THE OLD FOUNDRY 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 19 MAR	£528,000	£325,840	62% above HPI
2001 23 JUL	£201,000	£117,348	71% above HPI
1997 29 AUG	£109,500	£73,978	48% above HPI
1997 7 FEB	£115,000	£69,460	66% above HPI

THE OLD FOUNDRY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four THE OLD FOUNDRY sales between February 1997 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 July 2001 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is THE OLD FOUNDRY?

THE OLD FOUNDRY is 222m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses in Kenninghall, based on EPC data. The below chart shows the distribution of detached houses by size in Kenninghall, and where THE OLD FOUNDRY lies on this distribution: 89% of detached houses are smaller than THE OLD FOUNDRY, and 11% of houses are larger. Note that EPC data is not available for all properties in Kenninghall.

THE OLD FOUNDRY: Plot and Title Map

THE OLD FOUNDRY sits on a plot of roughly 0.490 of an acre, or 1,982m². The below map shows the location of THE OLD FOUNDRY, 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 OLD FOUNDRY). 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 OLD FOUNDRY?

THE OLD FOUNDRY is located on THE BUTTS in KENNINGHALL, in the NR16 postcode district. The below map shows the position of THE OLD FOUNDRY on THE BUTTS.