22, PARKLAND CRESCENT, HORNING, NORWICH, NR12 8PJ - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 PARKLAND CRESCENT is a small extended detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £442,386. It was last sold for £310,000 in October 2015, which was around 3% above the average October 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

22 PARKLAND CRESCENT Sold Prices

Land registry data shows two sales for 22 PARKLAND CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 22 PARKLAND CRESCENT sales were 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 23 OCT	£310,000	£301,893	3% above HPI
2004 18 MAY	£249,995	£195,102	28% above HPI

22 PARKLAND CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 22 PARKLAND CRESCENT sales from May 2004 and October 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 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 22 PARKLAND CRESCENT be worth now?

22 PARKLAND CRESCENT might now be worth an estimated £442,386.

This is based on house price inflation of 42.7%, between October 2015 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for 22 PARKLAND CRESCENT of £310,000 on 23rd October 2015. For the value to have increased from £310,000 to £442,386 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 PARKLAND CRESCENT has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PARKLAND CRESCENT has not materially changed since October 2015.

How Large is 22 PARKLAND CRESCENT?

22 PARKLAND CRESCENT is 108m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses houses in Horning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horning, and where 22 PARKLAND CRESCENT lies on this distribution: 37% of detached houses houses are smaller than 22 PARKLAND CRESCENT, and 62% of houses are larger. Note that EPC data is not available for all properties in Horning.

22 PARKLAND CRESCENT: Plot and Title Map

22 PARKLAND CRESCENT sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 22 PARKLAND CRESCENT, 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 22 PARKLAND CRESCENT). 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 22 PARKLAND CRESCENT?

22 PARKLAND CRESCENT is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 22 on PARKLAND CRESCENT.