121, PARK ROAD, SPIXWORTH, NORWICH, NR10 3NP - £365,000

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.

121 PARK ROAD is a large extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £446,013. It was last sold for £365,000 in January 2020, which was around 5% above the average January 2020 detached price in the Broadland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

121 PARK ROAD Sold Prices

Land registry data shows three sales for 121 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 121 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
2020 10 JAN	£365,000	£346,614	5% above HPI
2018 6 APR	£212,000	£337,346	37% below HPI
1999 9 JUL	£83,000	£92,586	10% below HPI

121 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 121 PARK ROAD sales between July 1999 and January 2020 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 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 121 PARK ROAD be worth now?

121 PARK ROAD might now be worth an estimated £446,013.

This is based on house price inflation of 22.2%, between January 2020 and February 2025, for 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 22.2% inflationary increase is applied to the most recent sale price for 121 PARK ROAD of £365,000 on 10th January 2020. For the value to have increased from £365,000 to £446,013 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 121 PARK ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 121 PARK ROAD has not materially changed since January 2020.

How Large is 121 PARK ROAD?

121 PARK ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spixworth, and where 121 PARK ROAD lies on this distribution: 77% of detached houses houses are smaller than 121 PARK ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

121 PARK ROAD: Plot and Title Map

121 PARK ROAD sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 121 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 121 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 121 PARK ROAD?

121 PARK ROAD is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 121 on PARK ROAD.