16, PENN ROAD, TAVERHAM, NORWICH, NR8 6NN - £210,000

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

16 PENN ROAD is a very large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £210,000 in January 2011, which was around 9% below the average January 2011 detached price in the Broadland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

16 PENN ROAD Sold Prices

Land registry data shows three sales for 16 PENN 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 Broadland local authority area for the corresponding sale date. Two of the three 16 PENN ROAD sales were for below the average price, whilst one was 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
2011 28 JAN	£210,000	£230,895	9% below HPI
2006 9 MAR	£187,500	£220,904	15% below HPI
2001 27 JUL	£137,000	£129,818	6% above HPI

16 PENN 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 three 16 PENN ROAD sales between July 2001 and January 2011 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 16 PENN ROAD?

16 PENN ROAD is 177m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 16 PENN ROAD lies on this distribution: 92% of detached houses are smaller than 16 PENN ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Taverham.

16 PENN ROAD: Plot and Title Map

16 PENN ROAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 16 PENN 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 PENN 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 16 PENN ROAD?

16 PENN ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 16 on PENN ROAD.