THE OLD SMITHY, GREEN LANE, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LU - £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 OLD SMITHY is a small extended detached house of 94m², built sometime before 1900. It was last sold for £350,000 in April 2017, which was around 10% above the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was A.

THE OLD SMITHY Sold Prices

Land registry data shows two sales for THE OLD SMITHY 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 OLD SMITHY 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
2017 20 APR	£350,000	£316,870	10% above HPI
1996 8 NOV	£72,500	£71,828	1% above HPI

THE OLD SMITHY 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 OLD SMITHY sales from November 1996 and April 2017 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 November 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is THE OLD SMITHY?

THE OLD SMITHY is 94m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where THE OLD SMITHY lies on this distribution: 29% of detached houses are smaller than THE OLD SMITHY, and 70% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

THE OLD SMITHY: Plot and Title Map

THE OLD SMITHY sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of THE OLD SMITHY, 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 SMITHY). 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 SMITHY?

THE OLD SMITHY is located on GREEN LANE in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of THE OLD SMITHY on GREEN LANE.