TWO WILLOWS, IRSTEAD ROAD, NEATISHEAD, NORWICH, NR12 8BJ - £750,000

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

TWO WILLOWS is a very small detached house of 106m², built sometime between 1983 and 1990. It was last sold for £750,000 in April 2023, which was around 79% above the average April 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

TWO WILLOWS Sold Prices

Land registry data shows four sales for TWO WILLOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four TWO WILLOWS 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 11 APR	£750,000	£419,279	79% above HPI
2017 6 OCT	£515,000	£335,936	53% above HPI
2015 5 NOV	£465,000	£301,002	54% above HPI
2000 31 MAY	£185,000	£104,026	78% above HPI

TWO WILLOWS 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 four TWO WILLOWS sales between May 2000 and April 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 October 2017 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2023 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is TWO WILLOWS?

TWO WILLOWS is 106m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Neatishead, based on EPC data. The below chart shows the distribution of detached houses by size in Neatishead, and where TWO WILLOWS lies on this distribution: 14% of detached houses are smaller than TWO WILLOWS, and 86% of houses are larger. Note that EPC data is not available for all properties in Neatishead.

TWO WILLOWS: Plot and Title Map

TWO WILLOWS sits on a plot of roughly 0.428 of an acre, or 1,731m². The below map shows the location of TWO 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 TWO 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 TWO WILLOWS?

TWO WILLOWS is located on IRSTEAD ROAD in NEATISHEAD, in the NR12 postcode district. The below map shows the position of TWO WILLOWS on IRSTEAD ROAD.