WHITE HORSES, MILL LANE, BACTON, NORWICH, NR12 0HN - £480,000

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

WHITE HORSES is a large detached house of 141m², built sometime between 1930 and 1949. It was last sold for £480,000 in April 2022, which was around 14% above the average April 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

WHITE HORSES Sold Prices

Land registry data shows three sales for WHITE HORSES 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 WHITE HORSES 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
2022 22 APR	£480,000	£422,713	14% above HPI
2002 26 APR	£172,500	£142,489	21% above HPI
1999 6 DEC	£113,000	£94,684	19% above HPI

WHITE HORSES 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 WHITE HORSES sales between December 1999 and April 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 April 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is WHITE HORSES?

WHITE HORSES is 141m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where WHITE HORSES lies on this distribution: 67% of detached houses are smaller than WHITE HORSES, and 33% of houses are larger. Note that EPC data is not available for all properties in Bacton.

WHITE HORSES: Plot and Title Map

WHITE HORSES sits on a plot of roughly 0.424 of an acre, or 1,717m². The below map shows the location of WHITE HORSES, 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 WHITE HORSES). 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 WHITE HORSES?

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