TIMBERJACK, HORSEFEN ROAD, LUDHAM, GREAT YARMOUTH, NR29 5QG - £445,000

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

TIMBERJACK is a very large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £445,000 in February 2023, which was around 5% above the average February 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

TIMBERJACK Sold Prices

Land registry data shows two sales for TIMBERJACK 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 TIMBERJACK 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 28 FEB	£445,000	£421,983	5% above HPI
2021 19 MAR	£380,000	£370,260	3% above HPI

TIMBERJACK 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 TIMBERJACK sales from March 2021 and February 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 March 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is TIMBERJACK?

TIMBERJACK is 173m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where TIMBERJACK lies on this distribution: 86% of detached houses are smaller than TIMBERJACK, and 14% of houses are larger. Note that EPC data is not available for all properties in Ludham.

TIMBERJACK: Plot and Title Map

TIMBERJACK sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of TIMBERJACK, 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 TIMBERJACK). 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 TIMBERJACK?

TIMBERJACK is located on HORSEFEN ROAD in LUDHAM, in the NR29 postcode district. The below map shows the position of TIMBERJACK on HORSEFEN ROAD.