14, THE THOROUGHFARE, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LD - £232,500

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.

14 THE THOROUGHFARE is a small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £282,636. It was last sold for £232,500 in September 2019, which was around 34% below the average September 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

14 THE THOROUGHFARE Sold Prices

Land registry data shows two sales for 14 THE THOROUGHFARE 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 14 THE THOROUGHFARE 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 2 SEP	£232,500	£354,396	34% below HPI
1997 10 OCT	£72,950	£78,754	7% below HPI

14 THE THOROUGHFARE 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 14 THE THOROUGHFARE sales from October 1997 and September 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 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 14 THE THOROUGHFARE be worth now?

14 THE THOROUGHFARE might now be worth an estimated £282,636.

This is based on house price inflation of 21.6%, between September 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 21.6% inflationary increase is applied to the most recent sale price for 14 THE THOROUGHFARE of £232,500 on 2nd September 2019. For the value to have increased from £232,500 to £282,636 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 THE THOROUGHFARE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2019 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 14 THE THOROUGHFARE has not materially changed since September 2019.

How Large is 14 THE THOROUGHFARE?

14 THE THOROUGHFARE is 84m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potter Heigham, and where 14 THE THOROUGHFARE lies on this distribution: 20% of detached houses houses are smaller than 14 THE THOROUGHFARE, and 79% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

14 THE THOROUGHFARE: Plot and Title Map

14 THE THOROUGHFARE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 14 THE THOROUGHFARE, 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 14 THE THOROUGHFARE). 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 14 THE THOROUGHFARE?

14 THE THOROUGHFARE is located in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of No. 14 on THE THOROUGHFARE.