THE WILLOWS, MIDDLE ROAD, GREAT PLUMSTEAD, NORWICH, NR13 5EE - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE WILLOWS is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £290,000 in October 2018, which was around 15% below the average October 2018 detached price in the Broadland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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. Both of the two THE WILLOWS 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
2018 4 OCT	£290,000	£339,399	15% below HPI
2000 18 FEB	£99,950	£103,453	3% below HPI

THE WILLOWS 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 WILLOWS sales from February 2000 and October 2018 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 February 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 114m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Great Plumstead, based on EPC data. The below chart shows the distribution of detached houses by size in Great Plumstead, and where THE WILLOWS lies on this distribution: 23% of detached houses are smaller than THE WILLOWS, and 77% of houses are larger. Note that EPC data is not available for all properties in Great Plumstead.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on MIDDLE ROAD in GREAT PLUMSTEAD, in the NR13 postcode district. The below map shows the position of THE WILLOWS on MIDDLE ROAD.