CARTREF, BACK LANE, CATFIELD, GREAT YARMOUTH, NR29 5AU - £175,000

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.

CARTREF is a large detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £300,277. It was last sold for £175,000 in December 2008, which was around 27% below the average December 2008 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

CARTREF Sold Prices

Land registry data shows two sales for CARTREF 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. One of the two CARTREF sales was for below the average price, whilst the other was 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
2008 17 DEC	£175,000	£239,606	27% below HPI
2000 2 MAY	£108,950	£105,033	4% above HPI

CARTREF 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 CARTREF sales from May 2000 and December 2008 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 May 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2008 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might CARTREF be worth now?

CARTREF might now be worth an estimated £300,277.

This is based on house price inflation of 71.6%, between December 2008 and May 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 71.6% inflationary increase is applied to the most recent sale price for CARTREF of £175,000 on 17th December 2008. For the value to have increased from £175,000 to £300,277 over the eighteen years and seven months to May 2026, the following assumptions must hold true:

• The value of CARTREF has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of CARTREF has not materially changed since December 2008.

How Large is CARTREF?

CARTREF is 119m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% 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 CARTREF lies on this distribution: 73% of detached houses houses are smaller than CARTREF, and 26% of houses are larger. Note that EPC data is not available for all properties in Catfield.

CARTREF: Plot and Title Map

CARTREF sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of CARTREF, 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 CARTREF). 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 CARTREF?

CARTREF is located on BACK LANE in CATFIELD, in the NR29 postcode district. The below map shows the position of CARTREF on BACK LANE.