15, OAKFIELD ROAD, LONG STRATTON, NORWICH, NR15 2WB - £232,500

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 OAKFIELD ROAD is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £304,579. It was last sold for £232,500 in December 2017, which was around 31% below the average December 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

15 OAKFIELD ROAD Sold Prices

Land registry data shows three sales for 15 OAKFIELD 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 South Norfolk local authority area for the corresponding sale date. All of the three 15 OAKFIELD ROAD 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
2017 1 DEC	£232,500	£335,946	31% below HPI
2005 10 JUN	£177,000	£234,887	25% below HPI
2003 27 JUN	£150,995	£192,331	21% below HPI

15 OAKFIELD 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 three 15 OAKFIELD ROAD sales between June 2003 and December 2017 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 June 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 OAKFIELD ROAD be worth now?

15 OAKFIELD ROAD might now be worth an estimated £304,579.

This is based on house price inflation of 31%, between December 2017 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 31% inflationary increase is applied to the most recent sale price for 15 OAKFIELD ROAD of £232,500 on 1st December 2017. For the value to have increased from £232,500 to £304,579 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 OAKFIELD ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2017 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKFIELD ROAD has not materially changed since December 2017.

How Large is 15 OAKFIELD ROAD?

15 OAKFIELD ROAD is 100m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 15 OAKFIELD ROAD lies on this distribution: 36% of detached houses houses are smaller than 15 OAKFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

15 OAKFIELD ROAD: Plot and Title Map

15 OAKFIELD ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 15 OAKFIELD 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 15 OAKFIELD 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 15 OAKFIELD ROAD?

15 OAKFIELD ROAD is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 15 on OAKFIELD ROAD.