ROMARA, NORWICH ROAD, LUDHAM, GREAT YARMOUTH, NR29 5PB - £185,000

ROMARA is a large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £185,000 in September 2005, which was around 16% below the average September 2005 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

ROMARA Sold Prices

Land registry data shows two sales for ROMARA 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. Both of the two ROMARA 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
2005 23 SEP	£185,000	£220,984	16% below HPI
1998 28 AUG	£55,000	£84,182	35% below HPI

ROMARA 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 ROMARA sales from August 1998 and September 2005 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 August 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2005 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is ROMARA?

ROMARA is 145m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where ROMARA lies on this distribution: 78% of detached houses are smaller than ROMARA, and 22% of houses are larger. Note that EPC data is not available for all properties in Ludham.

ROMARA: Plot and Title Map

ROMARA sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of ROMARA, 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 ROMARA). 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 ROMARA?

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