1, BURE ROAD, BRISTON, MELTON CONSTABLE, NR24 2JS - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BURE ROAD is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £237,433. It was last sold for £200,000 in April 2019, which was around 42% below the average April 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

1 BURE ROAD Sold Prices

Land registry data shows two sales for 1 BURE ROAD 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 1 BURE ROAD 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 1 APR	£200,000	£346,314	42% below HPI
2015 1 APR	£175,000	£275,682	37% below HPI

1 BURE ROAD 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 1 BURE ROAD sales from April 2015 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 April 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 BURE ROAD be worth now?

1 BURE ROAD might now be worth an estimated £237,433.

This is based on house price inflation of 18.7%, between April 2019 and May 2026, 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 18.7% inflationary increase is applied to the most recent sale price for 1 BURE ROAD of £200,000 on 1st April 2019. For the value to have increased from £200,000 to £237,433 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 BURE ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BURE ROAD has not materially changed since April 2019.

How Large is 1 BURE ROAD?

1 BURE ROAD is 70m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses houses in Briston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Briston, and where 1 BURE ROAD lies on this distribution: 14% of detached houses houses are smaller than 1 BURE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Briston.

1 BURE ROAD: Plot and Title Map

1 BURE ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 1 BURE ROAD, 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 1 BURE ROAD). 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 1 BURE ROAD?

1 BURE ROAD is located in BRISTON, in the NR24 postcode district. The below map shows the position of No. 1 on BURE ROAD.