WAVERLEY, THORPE ROAD, SOUTHREPPS, NORWICH, NR11 8NQ - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WAVERLEY is a small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £360,796. It was last sold for £280,000 in September 2017, which was around 16% below the average September 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

WAVERLEY Sold Prices

Land registry data shows two sales for WAVERLEY 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 WAVERLEY 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
2017 7 SEP	£280,000	£334,341	16% below HPI
1997 21 APR	£66,000	£72,653	9% below HPI

WAVERLEY 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 WAVERLEY sales from April 1997 and September 2017 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 April 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might WAVERLEY be worth now?

WAVERLEY might now be worth an estimated £360,796.

This is based on house price inflation of 28.9%, between September 2017 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for WAVERLEY of £280,000 on 7th September 2017. For the value to have increased from £280,000 to £360,796 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of WAVERLEY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of WAVERLEY has not materially changed since September 2017.

How Large is WAVERLEY?

WAVERLEY is 91m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses houses in Southrepps, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southrepps, and where WAVERLEY lies on this distribution: 31% of detached houses houses are smaller than WAVERLEY, and 69% of houses are larger. Note that EPC data is not available for all properties in Southrepps.

WAVERLEY: Plot and Title Map

WAVERLEY sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of WAVERLEY, 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 WAVERLEY). 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 WAVERLEY?

WAVERLEY is located on THORPE ROAD in SOUTHREPPS, in the NR11 postcode district. The below map shows the position of WAVERLEY on THORPE ROAD.