12, PARK ROAD, SPIXWORTH, NORWICH, NR10 3PJ - £405,000

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

12 PARK ROAD is a very large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £405,000 in April 2019, which was around 20% above the average April 2019 detached price in the Broadland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

12 PARK ROAD Sold Prices

Land registry data shows three sales for 12 PARK 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 Broadland local authority area for the corresponding sale date. One of the three 12 PARK ROAD sales was for above the average price, whilst two 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 APR	£405,000	£337,503	20% above HPI
2004 8 JUL	£173,000	£206,097	16% below HPI
2000 10 MAR	£70,000	£102,807	32% below HPI

12 PARK ROAD 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 three 12 PARK ROAD sales between March 2000 and April 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 July 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 12 PARK ROAD?

12 PARK ROAD is 168m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where 12 PARK ROAD lies on this distribution: 95% of detached houses are smaller than 12 PARK ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK ROAD?

12 PARK ROAD is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 12 on PARK ROAD.