16, PARKLAND CRESCENT, HORNING, NORWICH, NR12 8PJ - £585,000

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.

16 PARKLAND CRESCENT is a very large extended detached house of 200m², built sometime between 1967 and 1975, which could now be worth an estimated £569,936. It was last sold for £585,000 in June 2023, which was around 35% above the average June 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

16 PARKLAND CRESCENT Sold Prices

Land registry data shows two sales for 16 PARKLAND CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 16 PARKLAND CRESCENT 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 16 JUN	£585,000	£434,715	35% above HPI
1998 14 AUG	£128,500	£84,997	51% above HPI

16 PARKLAND CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 16 PARKLAND CRESCENT sales from August 1998 and June 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 August 1998 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 16 PARKLAND CRESCENT be worth now?

16 PARKLAND CRESCENT might now be worth an estimated £569,936.

This is based on house price deflation of 2.6%, between June 2023 and March 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 16 PARKLAND CRESCENT of £585,000 on 16th June 2023. For the value to have decreased from £585,000 to £569,936 over the two years and three months to March 2025, the following assumptions must hold true:

• The value of 16 PARKLAND CRESCENT has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2023 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARKLAND CRESCENT has not materially changed since June 2023.

How Large is 16 PARKLAND CRESCENT?

16 PARKLAND CRESCENT is 200m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses houses in Horning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horning, and where 16 PARKLAND CRESCENT lies on this distribution: 86% of detached houses houses are smaller than 16 PARKLAND CRESCENT, and 14% of houses are larger. Note that EPC data is not available for all properties in Horning.

16 PARKLAND CRESCENT: Plot and Title Map

16 PARKLAND CRESCENT sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of 16 PARKLAND CRESCENT, 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 PARKLAND CRESCENT). 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 16 PARKLAND CRESCENT?

16 PARKLAND CRESCENT is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 16 on PARKLAND CRESCENT.