THE WHEATSHEAF, NEWTON ROAD, HAINFORD, NORWICH, NR10 3LZ - £710,000

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 WHEATSHEAF is a very large extended detached house of 219m², built sometime before 1900. It was last sold for £710,000 in December 2022, which was around 67% above the average December 2022 detached price in the Broadland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

THE WHEATSHEAF Sold Prices

Land registry data shows two sales for THE WHEATSHEAF since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the two THE WHEATSHEAF sales was for above the average price, whilst the other was 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
2022 19 DEC	£710,000	£424,988	67% above HPI
2015 12 JUN	£135,000	£274,912	51% below HPI

THE WHEATSHEAF Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two THE WHEATSHEAF sales from June 2015 and December 2022 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 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is THE WHEATSHEAF?

THE WHEATSHEAF is 219m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Hainford, based on EPC data. The below chart shows the distribution of detached houses by size in Hainford, and where THE WHEATSHEAF lies on this distribution: 91% of detached houses are smaller than THE WHEATSHEAF, and 9% of houses are larger. Note that EPC data is not available for all properties in Hainford.

THE WHEATSHEAF: Plot and Title Map

THE WHEATSHEAF sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of THE WHEATSHEAF, 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 WHEATSHEAF). 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 WHEATSHEAF?

THE WHEATSHEAF is located on NEWTON ROAD in HAINFORD, in the NR10 postcode district. The below map shows the position of THE WHEATSHEAF on NEWTON ROAD.