YFERE, NORTH WALSHAM ROAD, BACTON, NORWICH, NR12 0LN - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

YFERE is a midsized detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £421,237. It was last sold for £345,000 in February 2019, which was around 2% below the average February 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

YFERE Sold Prices

Land registry data shows four sales for YFERE 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 YFERE 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 4 FEB	£345,000	£352,846	2% below HPI
2012 25 OCT	£242,000	£245,883	2% below HPI
2010 1 SEP	£240,000	£243,751	2% below HPI
2007 12 DEC	£236,500	£269,442	12% below HPI

YFERE 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 YFERE sales between December 2007 and February 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 October 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2019 sale, which was also at 2% below the HPI.

What might YFERE be worth now?

YFERE might now be worth an estimated £421,237.

This is based on house price inflation of 22.1%, between February 2019 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 22.1% inflationary increase is applied to the most recent sale price for YFERE of £345,000 on 4th February 2019. For the value to have increased from £345,000 to £421,237 over the six years to February 2025, the following assumptions must hold true:

• The value of YFERE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of YFERE has not materially changed since February 2019.

How Large is YFERE?

YFERE is 97m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacton, and where YFERE lies on this distribution: 41% of detached houses houses are smaller than YFERE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bacton.

YFERE: Plot and Title Map

YFERE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of YFERE, 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 YFERE). 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 YFERE?

YFERE is located on NORTH WALSHAM ROAD in BACTON, in the NR12 postcode district. The below map shows the position of YFERE on NORTH WALSHAM ROAD.