THE POPLARS, FLORDON ROAD, NEWTON FLOTMAN, NORWICH, NR15 1QX - £248,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE POPLARS is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £386,333. It was last sold for £248,750 in January 2015, which was around 10% below the average January 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

THE POPLARS Sold Prices

Land registry data shows two sales for THE POPLARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two THE POPLARS 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
2015 16 JAN	£248,750	£277,753	10% below HPI
2007 22 JUN	£173,500	£261,409	34% below HPI

THE POPLARS 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 two THE POPLARS sales from June 2007 and January 2015 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 June 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might THE POPLARS be worth now?

THE POPLARS might now be worth an estimated £386,333.

This is based on house price inflation of 55.3%, between January 2015 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for THE POPLARS of £248,750 on 16th January 2015. For the value to have increased from £248,750 to £386,333 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of THE POPLARS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2015 sale price of £248,750 represented a fair market value for the property.
• The size, condition, and specification of THE POPLARS has not materially changed since January 2015.

How Large is THE POPLARS?

THE POPLARS is 71m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where THE POPLARS lies on this distribution: 7% of detached houses houses are smaller than THE POPLARS, and 93% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

THE POPLARS: Plot and Title Map

THE POPLARS sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of THE POPLARS, 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 POPLARS). 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 POPLARS?

THE POPLARS is located on FLORDON ROAD in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of THE POPLARS on FLORDON ROAD.