THE ANCHORAGE, MARSH ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LN - £225,000

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.

THE ANCHORAGE is a midsized extended detached house of 128m², built sometime before 1900, which could now be worth an estimated £364,002. It was last sold for £225,000 in August 2014, which was around 16% below the average August 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

THE ANCHORAGE Sold Prices

Land registry data shows three sales for THE ANCHORAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. One of the three THE ANCHORAGE sales was for below the average price, whilst two 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
2014 29 AUG	£225,000	£266,300	16% below HPI
2006 31 MAR	£235,000	£222,284	6% above HPI
1999 2 JUL	£89,950	£85,583	5% above HPI

THE ANCHORAGE 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 three THE ANCHORAGE sales between July 1999 and August 2014 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 March 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might THE ANCHORAGE be worth now?

THE ANCHORAGE might now be worth an estimated £364,002.

This is based on house price inflation of 61.8%, between August 2014 and February 2025, 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 61.8% inflationary increase is applied to the most recent sale price for THE ANCHORAGE of £225,000 on 29th August 2014. For the value to have increased from £225,000 to £364,002 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of THE ANCHORAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of THE ANCHORAGE has not materially changed since August 2014.

How Large is THE ANCHORAGE?

THE ANCHORAGE is 128m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potter Heigham, and where THE ANCHORAGE lies on this distribution: 56% of detached houses houses are smaller than THE ANCHORAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

THE ANCHORAGE: Plot and Title Map

THE ANCHORAGE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of THE ANCHORAGE, 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 THE ANCHORAGE). 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 THE ANCHORAGE?

THE ANCHORAGE is located on MARSH ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of THE ANCHORAGE on MARSH ROAD.