OAKTREE HOUSE, TOWN LANE, GARVESTONE, NORWICH, NR9 4QR - £570,000

OAKTREE HOUSE is a very large extended detached house of 189m², built sometime between 1991 and 1995. It was last sold for £570,000 in May 2022, which was around 58% above the average May 2022 detached price in the Breckland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

OAKTREE HOUSE Sold Prices

Land registry data shows four sales for OAKTREE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four OAKTREE HOUSE 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
2022 25 MAY	£570,000	£360,298	58% above HPI
2010 5 NOV	£282,500	£207,711	36% above HPI
1998 5 AUG	£103,000	£78,692	31% above HPI
1996 4 APR	£86,000	£65,468	31% above HPI

OAKTREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four OAKTREE HOUSE sales between April 1996 and May 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 November 2010 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is OAKTREE HOUSE?

OAKTREE HOUSE is 189m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 20% of detached houses in Garvestone, based on EPC data. The below chart shows the distribution of detached houses by size in Garvestone, and where OAKTREE HOUSE lies on this distribution: 89% of detached houses are smaller than OAKTREE HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Garvestone.

OAKTREE HOUSE: Plot and Title Map

OAKTREE HOUSE sits on a plot of roughly 0.367 of an acre, or 1,485m². The below map shows the location of OAKTREE HOUSE, 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 OAKTREE HOUSE). 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 OAKTREE HOUSE?

OAKTREE HOUSE is located on TOWN LANE in GARVESTONE, in the NR9 postcode district. The below map shows the position of OAKTREE HOUSE on TOWN LANE.