FENSIDE, SCHOOL ROAD, LUDHAM, GREAT YARMOUTH, NR29 5PX - £335,000

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.

FENSIDE is a very small terraced house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £320,968. It was last sold for £335,000 in May 2023, which was around 40% above the average May 2023 terraced price in the North Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

FENSIDE Sold Prices

Land registry data shows five sales for FENSIDE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the five FENSIDE sales 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
2023 5 MAY	£335,000	£238,646	40% above HPI
2017 24 FEB	£185,000	£178,486	4% above HPI
2002 19 JUL	£102,000	£83,112	23% above HPI
2000 26 MAY	£85,000	£55,210	54% above HPI
1997 30 MAY	£47,000	£38,976	21% above HPI

FENSIDE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The five FENSIDE sales between May 1997 and May 2023 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 February 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might FENSIDE be worth now?

FENSIDE might now be worth an estimated £320,968.

This is based on house price deflation of 4.2%, between May 2023 and March 2026, for terraced 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 4.2% deflationary decrease is applied to the most recent sale price for FENSIDE of £335,000 on 5th May 2023. For the value to have decreased from £335,000 to £320,968 over the three years and two months to March 2026, the following assumptions must hold true:

• The value of FENSIDE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The May 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of FENSIDE has not materially changed since May 2023.

How Large is FENSIDE?

FENSIDE is 73m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of terraced houses houses in Ludham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ludham, and where FENSIDE lies on this distribution: 14% of terraced houses houses are smaller than FENSIDE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ludham.

FENSIDE: Plot and Title Map

FENSIDE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of FENSIDE, 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 FENSIDE). 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 FENSIDE?

FENSIDE is located on SCHOOL ROAD in LUDHAM, in the NR29 postcode district. The below map shows the position of FENSIDE on SCHOOL ROAD.