1, TERESA ROAD, STALHAM, NORWICH, NR12 9EB - £218,000

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 TERESA ROAD is a midsized extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £218,000 in October 2019, which was around 39% below the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

1 TERESA ROAD Sold Prices

Land registry data shows three sales for 1 TERESA 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 North Norfolk local authority area for the corresponding sale date. All of the three 1 TERESA 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
2019 8 OCT	£218,000	£355,649	39% below HPI
2009 6 NOV	£189,950	£236,209	20% below HPI
1996 17 JAN	£55,000	£64,559	15% below HPI

1 TERESA ROAD 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 three 1 TERESA ROAD sales between January 1996 and October 2019 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 November 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 TERESA ROAD?

1 TERESA ROAD is 97m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where 1 TERESA ROAD lies on this distribution: 45% of detached houses are smaller than 1 TERESA ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Stalham.

1 TERESA ROAD: Plot and Title Map

1 TERESA ROAD sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 1 TERESA 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 TERESA 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 TERESA ROAD?

1 TERESA ROAD is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 1 on TERESA ROAD.