THE PEDDARS, LYNFIELD ROAD, NORTH WALSHAM, NR28 0DP - £320,000

THE PEDDARS is a very large extended detached house of 138m², built sometime between 1991 and 1995. It was last sold for £320,000 in August 2018, which was around 10% below the average August 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

THE PEDDARS Sold Prices

Land registry data shows two sales for THE PEDDARS 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. One of the two THE PEDDARS sales was for below the average price, whilst the other was 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
2018 24 AUG	£320,000	£355,919	10% below HPI
2007 4 SEP	£272,500	£254,797	7% above HPI

THE PEDDARS 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 THE PEDDARS sales from September 2007 and August 2018 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 September 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE PEDDARS?

THE PEDDARS is 138m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where THE PEDDARS lies on this distribution: 86% of detached houses are smaller than THE PEDDARS, and 14% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

THE PEDDARS: Plot and Title Map

THE PEDDARS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of THE PEDDARS, 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 PEDDARS). 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 PEDDARS?

THE PEDDARS is located on LYNFIELD ROAD in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of THE PEDDARS on LYNFIELD ROAD.