WESTERLEY, MILL LANE, BACTON, NORWICH, NR12 0HN - £227,500

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

WESTERLEY is a very small semi-detached house of 53m², built sometime between 1991 and 1995. It was last sold for £227,500 in November 2022, which was around 47% below the average November 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

WESTERLEY Sold Prices

Land registry data shows four sales for WESTERLEY 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 WESTERLEY 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
2022 28 NOV	£227,500	£432,068	47% below HPI
2006 26 OCT	£145,000	£233,119	38% below HPI
2003 18 AUG	£120,000	£181,054	34% below HPI
2002 20 DEC	£59,950	£160,453	63% below HPI

WESTERLEY 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 WESTERLEY sales between December 2002 and November 2022 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is WESTERLEY?

WESTERLEY is 53m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where WESTERLEY lies on this distribution: 2% of detached houses are smaller than WESTERLEY, and 97% of houses are larger. Note that EPC data is not available for all properties in Bacton.

WESTERLEY: Plot and Title Map

WESTERLEY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of WESTERLEY, 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 WESTERLEY). 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 WESTERLEY?

WESTERLEY is located on MILL LANE in BACTON, in the NR12 postcode district. The below map shows the position of WESTERLEY on MILL LANE.