THE OLD GRANARY, CHURCH ROAD, WACTON, NORWICH, NR15 2UG - £625,000

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 GRANARY is a very large extended detached house of 257m², built sometime between 1991 and 1995. It was last sold for £625,000 in October 2023, which was around 55% above the average October 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

THE OLD GRANARY Sold Prices

Land registry data shows three sales for THE OLD GRANARY 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. All of the three THE OLD GRANARY 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
2023 12 OCT	£625,000	£402,078	55% above HPI
2016 8 DEC	£440,000	£314,871	40% above HPI
1996 30 AUG	£154,000	£77,270	99% above HPI

THE OLD GRANARY 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 OLD GRANARY sales between August 1996 and October 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 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE OLD GRANARY?

THE OLD GRANARY is 257m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Wacton, based on EPC data. The below chart shows the distribution of detached houses by size in Wacton, and where THE OLD GRANARY lies on this distribution: 93% of detached houses are smaller than THE OLD GRANARY, and 7% of houses are larger. Note that EPC data is not available for all properties in Wacton.

THE OLD GRANARY: Plot and Title Map

THE OLD GRANARY sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of THE OLD GRANARY, 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 GRANARY). 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 GRANARY?

THE OLD GRANARY is located on CHURCH ROAD in WACTON, in the NR15 postcode district. The below map shows the position of THE OLD GRANARY on CHURCH ROAD.