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
16 CORNFIELD ROAD is a midsized detached house of 131m², built sometime from 2007 onwards. It was last sold for £430,000 in March 2020, which was around 23% above the average March 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 16 CORNFIELD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 16 CORNFIELD 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 |
---|---|---|---|
2020 13 MAR | £430,000 | £349,462 | 23% above HPI |
2017 3 APR | £363,000 | £315,622 | 15% above HPI |
2013 8 FEB | £293,500 | £237,845 | 23% above HPI |
2008 19 JUN | £309,000 | £237,744 | 30% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 16 CORNFIELD ROAD sales between June 2008 and March 2020 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 April 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
16 CORNFIELD ROAD is 131m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 16 CORNFIELD ROAD lies on this distribution: 57% of detached houses are smaller than 16 CORNFIELD ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.
16 CORNFIELD ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 16 CORNFIELD 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 16 CORNFIELD 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.
16 CORNFIELD ROAD is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 16 on CORNFIELD ROAD.