15A, SPINNEY ROAD, NORWICH, NR7 0PW - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15A SPINNEY ROAD is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2016, which was around 24% below the average September 2016 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

15A SPINNEY ROAD Sold Prices

Land registry data shows two sales for 15A SPINNEY 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 Broadland local authority area for the corresponding sale date. Both of the two 15A SPINNEY 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
2016 16 SEP	£240,000	£315,334	24% below HPI
2006 29 MAR	£166,000	£220,904	25% below HPI

15A SPINNEY 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 two 15A SPINNEY ROAD sales from March 2006 and September 2016 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15A SPINNEY ROAD?

15A SPINNEY ROAD is 70m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 15A SPINNEY ROAD lies on this distribution: 9% of detached houses are smaller than 15A SPINNEY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15A SPINNEY ROAD: Plot and Title Map

15A SPINNEY ROAD sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 15A SPINNEY 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 15A SPINNEY 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 15A SPINNEY ROAD?

15A SPINNEY ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 15A on SPINNEY ROAD.