13, PARKLANDS, COSTESSEY, NORWICH, NR8 5AL - £483,000

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.

13 PARKLANDS is a very large extended detached house of 178m², built sometime between 1967 and 1975, which could now be worth an estimated £565,296. It was last sold for £483,000 in January 2021, which was around 28% above the average January 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

13 PARKLANDS Sold Prices

Land registry data shows two sales for 13 PARKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 13 PARKLANDS 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 8 JAN	£483,000	£376,026	28% above HPI
2018 28 MAR	£470,000	£338,158	39% above HPI

13 PARKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 13 PARKLANDS sales from March 2018 and January 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 March 2018 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 13 PARKLANDS be worth now?

13 PARKLANDS might now be worth an estimated £565,296.

This is based on house price inflation of 17%, between January 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 13 PARKLANDS of £483,000 on 8th January 2021. For the value to have increased from £483,000 to £565,296 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 13 PARKLANDS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2021 sale price of £483,000 represented a fair market value for the property.
• The size, condition, and specification of 13 PARKLANDS has not materially changed since January 2021.

How Large is 13 PARKLANDS?

13 PARKLANDS is 178m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 13 PARKLANDS lies on this distribution: 81% of detached houses houses are smaller than 13 PARKLANDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Costessey.

13 PARKLANDS: Plot and Title Map

13 PARKLANDS sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 13 PARKLANDS, 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 13 PARKLANDS). 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 13 PARKLANDS?

13 PARKLANDS is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 13 on PARKLANDS.