1, PAXTON PLACE, NORWICH, NR2 2JE - £550,000

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 PAXTON PLACE is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £550,000 in July 2022, which was around 19% above the average July 2022 detached price in the Norwich local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

1 PAXTON PLACE Sold Prices

Land registry data shows two sales for 1 PAXTON PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 1 PAXTON PLACE sales 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
2022 20 JUL	£550,000	£461,434	19% above HPI
1999 22 APR	£142,500	£93,820	52% above HPI

1 PAXTON PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 1 PAXTON PLACE sales from April 1999 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 April 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 1 PAXTON PLACE?

1 PAXTON PLACE is 120m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% 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 PAXTON PLACE lies on this distribution: 63% of detached houses are smaller than 1 PAXTON PLACE, and 37% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 PAXTON PLACE: Plot and Title Map

1 PAXTON PLACE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 1 PAXTON PLACE, 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 PAXTON PLACE). 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 PAXTON PLACE?

1 PAXTON PLACE is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 1 on PAXTON PLACE.