2, REDWING GARDENS, SPIXWORTH, NORWICH, NR10 3RG - £187,500

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

2 REDWING GARDENS is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £187,500 in July 2015, which was around 33% below the average July 2015 detached price in the Broadland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 REDWING GARDENS Sold Prices

Land registry data shows three sales for 2 REDWING GARDENS 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. All of the three 2 REDWING GARDENS 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
2015 3 JUL	£187,500	£278,512	33% below HPI
2008 20 MAY	£140,000	£252,261	45% below HPI
1995 27 JUL	£50,000	£73,665	32% below HPI

2 REDWING GARDENS 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 2 REDWING GARDENS sales between July 1995 and July 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 May 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2015 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 REDWING GARDENS?

2 REDWING GARDENS is 58m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where 2 REDWING GARDENS lies on this distribution: 7% of detached houses are smaller than 2 REDWING GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

2 REDWING GARDENS: Plot and Title Map

2 REDWING GARDENS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 REDWING GARDENS, 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 REDWING GARDENS). 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 REDWING GARDENS?

2 REDWING GARDENS is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 2 on REDWING GARDENS.