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

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

15 LONG ROAD is a very large detached house of 323m², built in 2023. It was last sold for £1,200,000 in August 2023, which was around 192% 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	£410,472	192% above HPI
2021 25 MAR	£800,000	£362,785	121% 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 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the August 2023 sale, where it rises to 192% above the HPI. The line then continues to track at 192% above the HPI.

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 in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 15 LONG ROAD lies on this distribution: 100% of detached 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.