2, WILDE ROAD, RACKHEATH, NORWICH, NR13 6SJ - £178,000

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 WILDE ROAD is a very small semi-detached house of 66m², built sometime between 1996 and 2002. It was last sold for £178,000 in September 2014, which was around 34% below the average September 2014 detached price in the Broadland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 WILDE ROAD Sold Prices

Land registry data shows four sales for 2 WILDE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 2 WILDE ROAD 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
2014 25 SEP	£178,000	£271,228	34% below HPI
2006 28 APR	£151,250	£223,437	32% below HPI
2000 21 DEC	£80,000	£116,679	31% below HPI
1999 3 DEC	£73,150	£98,779	26% below HPI

2 WILDE 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 four 2 WILDE ROAD sales between December 1999 and September 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 April 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 WILDE ROAD?

2 WILDE ROAD is 66m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 2 WILDE ROAD lies on this distribution: 4% of detached houses are smaller than 2 WILDE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

2 WILDE ROAD: Plot and Title Map

2 WILDE ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 WILDE 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 WILDE 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 WILDE ROAD?

2 WILDE ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 2 on WILDE ROAD.