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

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

WAVERLEY is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £280,000 in September 2017, which was around 15% 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	£331,136	15% below HPI
1997 21 APR	£66,000	£71,956	8% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Southrepps, based on EPC data. The below chart shows the distribution of detached houses by size in Southrepps, and where WAVERLEY lies on this distribution: 32% of detached houses are smaller than WAVERLEY, and 68% 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.