16, GROVE LANE, HOLT, NR25 6EG - £310,000

16 GROVE LANE is a midsized extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £310,000 in August 2020, which was around 12% below the average August 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

16 GROVE LANE Sold Prices

Land registry data shows three sales for 16 GROVE LANE 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. One of the three 16 GROVE LANE sales was for below the average price, whilst two were for above 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
2020 21 AUG	£310,000	£353,478	12% below HPI
2003 5 DEC	£275,000	£192,124	43% above HPI
1997 9 APR	£78,000	£71,956	8% above HPI

16 GROVE LANE 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 16 GROVE LANE sales between April 1997 and August 2020 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 December 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 GROVE LANE?

16 GROVE LANE is 101m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Holt, based on EPC data. The below chart shows the distribution of detached houses by size in Holt, and where 16 GROVE LANE lies on this distribution: 47% of detached houses are smaller than 16 GROVE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Holt.

16 GROVE LANE: Plot and Title Map

16 GROVE LANE sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 16 GROVE LANE, 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 16 GROVE LANE). 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 16 GROVE LANE?

16 GROVE LANE is located in HOLT, in the NR25 postcode district. The below map shows the position of No. 16 on GROVE LANE.