1, OAKFIELD ROAD, LONG STRATTON, NORWICH, NR15 2WB - £136,250

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 OAKFIELD ROAD is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £136,250 in June 2009, which was around 36% below the average June 2009 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

1 OAKFIELD ROAD Sold Prices

Land registry data shows three sales for 1 OAKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 1 OAKFIELD ROAD 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
2009 15 JUN	£136,250	£212,407	36% below HPI
2004 16 DEC	£147,500	£220,572	33% below HPI
2000 19 JUN	£79,995	£111,772	28% below HPI

1 OAKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 1 OAKFIELD ROAD sales between June 2000 and June 2009 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 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2009 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 OAKFIELD ROAD?

1 OAKFIELD ROAD is 67m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 1 OAKFIELD ROAD lies on this distribution: 7% of detached houses are smaller than 1 OAKFIELD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

1 OAKFIELD ROAD: Plot and Title Map

1 OAKFIELD ROAD sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 1 OAKFIELD ROAD, 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 1 OAKFIELD ROAD). 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 1 OAKFIELD ROAD?

1 OAKFIELD ROAD is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 1 on OAKFIELD ROAD.