1, PARLIAMENT COURT, NORWICH, NR7 0TG - £155,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PARLIAMENT COURT is a very small detached house of 45m², built sometime between 1983 and 1990. It was last sold for £155,000 in July 2022, which was around 63% below the average July 2022 detached price in the Broadland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

1 PARLIAMENT COURT Sold Prices

Land registry data shows two sales for 1 PARLIAMENT COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 1 PARLIAMENT COURT 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
2022 22 JUL	£155,000	£418,666	63% below HPI
2000 9 MAY	£54,000	£104,076	48% below HPI

1 PARLIAMENT COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 1 PARLIAMENT COURT sales from May 2000 and July 2022 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 May 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2022 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 1 PARLIAMENT COURT?

1 PARLIAMENT COURT is 45m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 PARLIAMENT COURT lies on this distribution: 1% of detached houses are smaller than 1 PARLIAMENT COURT, and 99% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 PARLIAMENT COURT: Plot and Title Map

1 PARLIAMENT COURT sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 1 PARLIAMENT COURT, 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 PARLIAMENT COURT). 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 PARLIAMENT COURT?

1 PARLIAMENT COURT is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on PARLIAMENT COURT.