3, UPGATE, THARSTON, NORWICH, NR15 2ZB - £380,000

3 UPGATE is a very large extended detached house of 147m², built sometime between 1996 and 2002. It was last sold for £380,000 in January 2022, which was around 4% below the average January 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

3 UPGATE Sold Prices

Land registry data shows five sales for 3 UPGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the five 3 UPGATE 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
2022 26 JAN	£380,000	£396,427	4% below HPI
2015 21 OCT	£255,000	£286,672	11% below HPI
2007 31 JAN	£234,000	£245,618	5% below HPI
2006 22 MAR	£226,000	£219,830	3% above HPI
2001 14 DEC	£155,000	£141,708	9% above HPI

3 UPGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 3 UPGATE sales between December 2001 and January 2022 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 UPGATE?

3 UPGATE is 147m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 3 UPGATE lies on this distribution: 84% of detached houses are smaller than 3 UPGATE, and 15% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

3 UPGATE: Plot and Title Map

3 UPGATE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3 UPGATE, 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 3 UPGATE). 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 3 UPGATE?

3 UPGATE is located in THARSTON, in the NR15 postcode district. The below map shows the position of No. 3 on UPGATE.