11, THE LEA, NORTH WALSHAM, NR28 9DN - £140,000

11 THE LEA is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £140,000 in November 2012, which was around 43% below the average November 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

11 THE LEA Sold Prices

Land registry data shows three sales for 11 THE LEA 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 11 THE LEA 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
2012 16 NOV	£140,000	£246,275	43% below HPI
1999 14 MAY	£52,000	£83,821	38% below HPI
1997 21 MAR	£51,000	£71,500	29% below HPI

11 THE LEA 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 11 THE LEA sales between March 1997 and November 2012 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 May 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 11 THE LEA?

11 THE LEA is 58m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 11 THE LEA lies on this distribution: 3% of detached houses are smaller than 11 THE LEA, and 96% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

11 THE LEA: Plot and Title Map

11 THE LEA sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 11 THE LEA, 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 11 THE LEA). 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 11 THE LEA?

11 THE LEA is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 11 on THE LEA.