115, THE COMMON, FREETHORPE, NORWICH, NR13 3LT - £222,500

115 THE COMMON is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £222,500 in August 2019, which was around 35% below the average August 2019 detached price in the Broadland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

115 THE COMMON Sold Prices

Land registry data shows four sales for 115 THE COMMON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 115 THE COMMON 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 AUG	£222,500	£342,621	35% below HPI
2018 8 JUN	£187,500	£332,432	44% below HPI
1999 25 MAR	£55,000	£86,346	36% below HPI
1995 25 OCT	£45,950	£74,677	38% below HPI

115 THE COMMON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 115 THE COMMON sales between October 1995 and August 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 June 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 115 THE COMMON?

115 THE COMMON is 66m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Freethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Freethorpe, and where 115 THE COMMON lies on this distribution: 6% of detached houses are smaller than 115 THE COMMON, and 93% of houses are larger. Note that EPC data is not available for all properties in Freethorpe.

115 THE COMMON: Plot and Title Map

115 THE COMMON sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 115 THE COMMON, 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 115 THE COMMON). 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 115 THE COMMON?

115 THE COMMON is located in FREETHORPE, in the NR13 postcode district. The below map shows the position of No. 115 on THE COMMON.