WAGTAIL BARN, NORWICH ROAD, RACKHEATH, NORWICH, NR13 6FB - £595,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

WAGTAIL BARN is a very large detached house of 188m², built sometime from 2007 onwards. It was last sold for £595,000 in March 2021, which was around 65% above the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

WAGTAIL BARN Sold Prices

Land registry data shows four sales for WAGTAIL BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four WAGTAIL BARN 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
2021 5 MAR	£595,000	£360,070	65% above HPI
2020 24 JUL	£494,000	£354,166	39% above HPI
2012 29 OCT	£410,000	£243,414	68% above HPI
2009 3 JUL	£175,000	£218,055	20% below HPI

WAGTAIL BARN 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 four WAGTAIL BARN sales between July 2009 and March 2021 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 July 2020 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2021 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is WAGTAIL BARN?

WAGTAIL BARN is 188m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where WAGTAIL BARN lies on this distribution: 93% of detached houses are smaller than WAGTAIL BARN, and 7% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

WAGTAIL BARN: Plot and Title Map

WAGTAIL BARN sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of WAGTAIL BARN, 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 WAGTAIL BARN). 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 WAGTAIL BARN?

WAGTAIL BARN is located on NORWICH ROAD in RACKHEATH, in the NR13 postcode district. The below map shows the position of WAGTAIL BARN on NORWICH ROAD.