2, TIMBER ROAD, EAST HARLING, NORWICH, NR16 2TN - £335,000

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 TIMBER ROAD is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £335,000 in October 2021, which was about the average October 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 TIMBER ROAD Sold Prices

Land registry data shows three sales for 2 TIMBER 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 Breckland local authority area for the corresponding sale date. The three 2 TIMBER ROAD sales were a mix of roughly equal to the average price, and 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
2021 29 OCT	£335,000	£334,891	Close to HPI
2006 14 JUL	£171,000	£210,947	19% below HPI
2003 31 OCT	£134,950	£170,342	21% below HPI

2 TIMBER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 2 TIMBER ROAD sales between October 2003 and October 2021 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 July 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 TIMBER ROAD?

2 TIMBER ROAD is 109m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in East Harling, based on EPC data. The below chart shows the distribution of detached houses by size in East Harling, and where 2 TIMBER ROAD lies on this distribution: 50% of detached houses are smaller than 2 TIMBER ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in East Harling.

2 TIMBER ROAD: Plot and Title Map

2 TIMBER ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 2 TIMBER 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 2 TIMBER 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 2 TIMBER ROAD?

2 TIMBER ROAD is located in EAST HARLING, in the NR16 postcode district. The below map shows the position of No. 2 on TIMBER ROAD.