WEST POINT, SCHOOL ROAD, EAST RUSTON, NORWICH, NR12 9JQ - £240,000

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

WEST POINT is a small extended detached house of 118m², built sometime before 1900. It was last sold for £240,000 in April 2019, which was around 30% below the average April 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was A.

WEST POINT Sold Prices

Land registry data shows three sales for WEST POINT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three WEST POINT 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
2019 18 APR	£240,000	£342,994	30% below HPI
2012 21 MAR	£190,000	£235,375	19% below HPI
2006 17 JUL	£150,000	£229,176	35% below HPI

WEST POINT 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 three WEST POINT sales between July 2006 and April 2019 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 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is WEST POINT?

WEST POINT is 118m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses in East Ruston, based on EPC data. The below chart shows the distribution of detached houses by size in East Ruston, and where WEST POINT lies on this distribution: 30% of detached houses are smaller than WEST POINT, and 70% of houses are larger. Note that EPC data is not available for all properties in East Ruston.

WEST POINT: Plot and Title Map

WEST POINT sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of WEST POINT, 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 WEST POINT). 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 WEST POINT?

WEST POINT is located on SCHOOL ROAD in EAST RUSTON, in the NR12 postcode district. The below map shows the position of WEST POINT on SCHOOL ROAD.