7, THE CEDARS, CATFIELD, GREAT YARMOUTH, NR29 5RG - £275,000

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.

7 THE CEDARS is a very small extended detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £261,364. It was last sold for £275,000 in September 2024, which was around 35% below the average September 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

7 THE CEDARS Sold Prices

Land registry data shows four sales for 7 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 7 THE CEDARS 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
2024 27 SEP	£275,000	£419,951	35% below HPI
2019 18 JAN	£245,000	£346,471	29% below HPI
2013 14 MAR	£172,500	£246,934	30% below HPI
2002 28 FEB	£126,000	£138,547	9% below HPI

7 THE CEDARS 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 four 7 THE CEDARS sales between February 2002 and September 2024 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 January 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 THE CEDARS be worth now?

7 THE CEDARS might now be worth an estimated £261,364.

This is based on house price deflation of 5%, between September 2024 and April 2026, 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 5% deflationary decrease is applied to the most recent sale price for 7 THE CEDARS of £275,000 on 27th September 2024. For the value to have decreased from £275,000 to £261,364 over the two years and five months to April 2026, the following assumptions must hold true:

• The value of 7 THE CEDARS has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CEDARS has not materially changed since September 2024.

How Large is 7 THE CEDARS?

7 THE CEDARS is 81m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses houses in Catfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Catfield, and where 7 THE CEDARS lies on this distribution: 16% of detached houses houses are smaller than 7 THE CEDARS, and 80% of houses are larger. Note that EPC data is not available for all properties in Catfield.

7 THE CEDARS: Plot and Title Map

7 THE CEDARS sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 7 THE CEDARS, 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 7 THE CEDARS). 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 7 THE CEDARS?

7 THE CEDARS is located in CATFIELD, in the NR29 postcode district. The below map shows the position of No. 7 on THE CEDARS.