2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR - £480,000

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 THE OAKS is a very small detached house of 76m², built sometime from 2007 onwards. It was last sold for £480,000 in May 2014, which was around 89% above the average May 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was B, and the potential energy rating was B.

2 THE OAKS Sold Prices

Land registry data shows two sales for 2 THE OAKS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 2 THE OAKS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2014
22 MAY
£480,000£253,768
up arrow
89% above HPI
2007
23 AUG
£482,500£257,246
up arrow
88% above HPI

2 THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 2 THE OAKS sales from August 2007 and May 2014 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 2007 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the May 2014 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR: Price paid vs HM Land Registry's House Price Index

How Large is 2 THE OAKS?

2 THE OAKS is 76m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 2 THE OAKS lies on this distribution: 10% of detached houses are smaller than 2 THE OAKS, and 90% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR: Size of property relative to detached houses in Hethersett

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 2 THE OAKS, 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 THE OAKS). 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.

2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR: Plot and title map

Where is 2 THE OAKS?

2 THE OAKS is located on NORWICH ROAD in HETHERSETT, in the NR9 postcode district. The below map shows the position of 2 THE OAKS on NORWICH ROAD.

2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR: Location map and indicative extent of plot

All sales of detached houses on NORWICH ROAD

THE COACH HOUSE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
2020
16 JAN
£158,000
2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR
2014
22 MAY
£480,000
THE OLD POLICE HOUSE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
2013
25 NOV
£270,000
HURN HOUSE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
2010
5 NOV
£735,000
2, THE OAKS, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AR
2007
23 AUG
£482,500
16, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3DD
2006
21 JUL
£172,000
THE OLD POLICE HOUSE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
2002
4 OCT
£225,000
HURN BUNGALOW, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
2002
29 MAY
£227,000
6, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AJ
2001
27 SEP
£159,950
HILL COTTAGE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
2001
27 APR
£80,000
4, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AJ
1999
27 OCT
£125,000
14, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3DD
1996
22 NOV
£120,000
HEATHER HOUSE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AS
1995
1 SEP
£73,000
6, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3AJ
1995
21 AUG
£82,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.