15, PARK ROAD, WROXHAM, NORWICH, NR12 8SB - £480,000

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 PARK ROAD is a small extended detached house of 136m², built sometime between 1900 and 1929. It was last sold for £480,000 in August 2023, which was around 17% above the average August 2023 detached price in the Broadland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

15 PARK ROAD Sold Prices

Land registry data shows four sales for 15 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 15 PARK 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 1 AUG	£480,000	£411,602	17% above HPI
2019 1 MAY	£400,000	£338,572	18% above HPI
2017 27 JAN	£355,000	£317,048	12% above HPI
2015 16 NOV	£252,500	£294,945	14% below HPI

15 PARK ROAD 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 four 15 PARK ROAD sales between November 2015 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 May 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2023 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 15 PARK ROAD?

15 PARK ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxham, and where 15 PARK ROAD lies on this distribution: 40% of detached houses are smaller than 15 PARK ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

15 PARK ROAD: Plot and Title Map

15 PARK ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 15 PARK 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 PARK 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 PARK ROAD?

15 PARK ROAD is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 15 on PARK ROAD.