2, PEAKWELL CLOSE, TAVERHAM, NORWICH, NR8 6GN - £255,000

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

2 PEAKWELL CLOSE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £255,000 in May 2015, which was around 8% below the average May 2015 detached price in the Broadland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 PEAKWELL CLOSE Sold Prices

Land registry data shows two sales for 2 PEAKWELL CLOSE 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. One of the two 2 PEAKWELL CLOSE sales was for below the average price, whilst the other 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
2015 12 MAY	£255,000	£277,040	8% below HPI
1996 29 NOV	£87,950	£72,748	21% above HPI

2 PEAKWELL CLOSE 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 2 PEAKWELL CLOSE sales from November 1996 and May 2015 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 November 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 PEAKWELL CLOSE?

2 PEAKWELL CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 2 PEAKWELL CLOSE lies on this distribution: 67% of detached houses are smaller than 2 PEAKWELL CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Taverham.

2 PEAKWELL CLOSE: Plot and Title Map

2 PEAKWELL CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 PEAKWELL CLOSE, 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 2 PEAKWELL CLOSE). 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 2 PEAKWELL CLOSE?

2 PEAKWELL CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 2 on PEAKWELL CLOSE.