121, THE PADDOCKS, NORWICH, NR6 7HR - £193,000

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

121 THE PADDOCKS is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £193,000 in January 2019, which was around 45% below the average January 2019 detached price in the Broadland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

121 THE PADDOCKS Sold Prices

Land registry data shows two sales for 121 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 121 THE PADDOCKS 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 11 JAN	£193,000	£349,804	45% below HPI
1996 12 SEP	£48,000	£73,511	35% below HPI

121 THE PADDOCKS 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 two 121 THE PADDOCKS sales from September 1996 and January 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 September 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 121 THE PADDOCKS?

121 THE PADDOCKS is 56m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 121 THE PADDOCKS lies on this distribution: 2% of detached houses are smaller than 121 THE PADDOCKS, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

121 THE PADDOCKS: Plot and Title Map

121 THE PADDOCKS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 121 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

121 THE PADDOCKS is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 121 on THE PADDOCKS.