DERWENT, YORK LANE, STALHAM, NORWICH, NR12 9BN - £289,500

DERWENT is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £289,500 in December 2021, which was around 29% below the average December 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

DERWENT Sold Prices

Land registry data shows four sales for DERWENT 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 DERWENT 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
2021 15 DEC	£289,500	£408,803	29% below HPI
2020 27 OCT	£230,000	£386,180	40% below HPI
2013 12 JUL	£160,000	£248,092	36% below HPI
2000 12 OCT	£99,000	£109,473	10% below HPI

DERWENT 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 DERWENT sales between October 2000 and December 2021 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 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is DERWENT?

DERWENT is 85m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where DERWENT lies on this distribution: 33% of detached houses are smaller than DERWENT, and 66% of houses are larger. Note that EPC data is not available for all properties in Stalham.

DERWENT: Plot and Title Map

DERWENT sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of DERWENT, 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 DERWENT). 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 DERWENT?

DERWENT is located on YORK LANE in STALHAM, in the NR12 postcode district. The below map shows the position of DERWENT on YORK LANE.