15, LONG ROAD, FRAMINGHAM EARL, NORWICH, NR14 7RY - £1,200,000

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.

15 LONG ROAD is a very large detached house of 323m², built in 2023, which could now be worth an estimated £1,247,508. It was last sold for £1,200,000 in August 2023, which was around 183% above the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was A.

15 LONG ROAD Sold Prices

Land registry data shows two sales for 15 LONG ROAD 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 15 LONG 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
2023 4 AUG	£1,200,000	£423,335	183% above HPI
2021 25 MAR	£800,000	£374,154	114% above HPI

15 LONG ROAD 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 15 LONG ROAD sales from March 2021 and August 2023 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 2021 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the August 2023 sale, where it rises to 183% above the HPI. The line then continues to track at 183% above the HPI.

What might 15 LONG ROAD be worth now?

15 LONG ROAD might now be worth an estimated £1,247,508.

This is based on house price inflation of 4%, between August 2023 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 4% inflationary increase is applied to the most recent sale price for 15 LONG ROAD of £1,200,000 on 4th August 2023. For the value to have increased from £1,200,000 to £1,247,508 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 15 LONG ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2023 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LONG ROAD has not materially changed since August 2023.

How Large is 15 LONG ROAD?

15 LONG ROAD is 323m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses houses by size in Framingham Earl, and where 15 LONG ROAD lies on this distribution: 100% of detached houses houses are smaller than 15 LONG ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

Where is 15 LONG ROAD?

15 LONG ROAD is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 15 on LONG ROAD.