12, SPRINGFIELD ROAD, TAVERHAM, NORWICH, NR8 6QU - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SPRINGFIELD ROAD is a midsized extended semi-detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £358,815. It was last sold for £325,000 in September 2021, which was around 31% above the average September 2021 semi-detached price in the Broadland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

12 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 12 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the four 12 SPRINGFIELD ROAD 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
2021 24 SEP	£325,000	£249,037	31% above HPI
2019 27 NOV	£275,000	£220,735	25% above HPI
2006 7 SEP	£205,000	£159,792	28% above HPI
2003 3 NOV	£172,225	£125,448	37% above HPI

12 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The four 12 SPRINGFIELD ROAD sales between November 2003 and September 2021 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 2019 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 12 SPRINGFIELD ROAD be worth now?

12 SPRINGFIELD ROAD might now be worth an estimated £358,815.

This is based on house price inflation of 10.4%, between September 2021 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.4% inflationary increase is applied to the most recent sale price for 12 SPRINGFIELD ROAD of £325,000 on 24th September 2021. For the value to have increased from £325,000 to £358,815 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRINGFIELD ROAD has not materially changed since September 2021.

How Large is 12 SPRINGFIELD ROAD?

12 SPRINGFIELD ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of semi-detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Taverham, and where 12 SPRINGFIELD ROAD lies on this distribution: 52% of semi-detached houses houses are smaller than 12 SPRINGFIELD ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Taverham.

12 SPRINGFIELD ROAD: Plot and Title Map

12 SPRINGFIELD ROAD sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 12 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD ROAD?

12 SPRINGFIELD ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 12 on SPRINGFIELD ROAD.