23, HORSESHOE ROAD, HETHERSETT, NORWICH, NR9 3PA - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 HORSESHOE ROAD is a large detached house of 115m². It was last sold for £350,000 in December 2021, which was around 11% below the average December 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

23 HORSESHOE ROAD Sold Prices

Land registry data shows three sales for 23 HORSESHOE 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 South Norfolk local authority area for the corresponding sale date. Two of the three 23 HORSESHOE ROAD sales were for below the average price, whilst one was 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
2021 1 DEC	£350,000	£391,229	11% below HPI
2021 15 JAN	£314,000	£364,601	14% below HPI
2017 26 MAY	£335,995	£313,556	7% above HPI

23 HORSESHOE ROAD 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 three 23 HORSESHOE ROAD sales between May 2017 and December 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 January 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 23 HORSESHOE ROAD?

23 HORSESHOE ROAD is 115m² according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 23 HORSESHOE ROAD lies on this distribution: 60% of detached houses are smaller than 23 HORSESHOE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

23 HORSESHOE ROAD: Plot and Title Map

23 HORSESHOE ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 23 HORSESHOE 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 23 HORSESHOE 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 23 HORSESHOE ROAD?

23 HORSESHOE ROAD is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 23 on HORSESHOE ROAD.