WAYSIDE, RECTORY ROAD, EDGEFIELD, MELTON CONSTABLE, NR24 2RJ - £327,500

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.

WAYSIDE is a midsized extended detached house of 136m², built sometime before 1900, which could now be worth an estimated £539,881. It was last sold for £327,500 in August 2013, which was around 32% above the average August 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE 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 WAYSIDE sales was for above the average price, whilst the other was 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
2013 28 AUG	£327,500	£248,195	32% above HPI
2011 19 DEC	£235,000	£241,333	3% below HPI

WAYSIDE 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 WAYSIDE sales from December 2011 and August 2013 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 December 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2013 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £539,881.

This is based on house price inflation of 64.8%, between August 2013 and July 2026, 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 64.8% inflationary increase is applied to the most recent sale price for WAYSIDE of £327,500 on 28th August 2013. For the value to have increased from £327,500 to £539,881 over the thirteen years and one month to July 2026, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2013 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since August 2013.

How Large is WAYSIDE?

WAYSIDE is 136m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses houses in Edgefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgefield, and where WAYSIDE lies on this distribution: 48% of detached houses houses are smaller than WAYSIDE, and 52% of houses are larger. Note that EPC data is not available for all properties in Edgefield.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on RECTORY ROAD in EDGEFIELD, in the NR24 postcode district. The below map shows the position of WAYSIDE on RECTORY ROAD.