23, SPRINGFIELD ROAD, TAVERHAM, NORWICH, NR8 6QU - £325,000

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 SPRINGFIELD ROAD is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £325,000 in September 2021, which was around 15% below the average September 2021 detached price in the Broadland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

23 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 23 SPRINGFIELD 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. Most of the four 23 SPRINGFIELD 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
2021 30 SEP	£325,000	£380,333	15% below HPI
2012 16 APR	£250,000	£242,804	3% above HPI
2007 10 SEP	£200,000	£263,791	24% below HPI
2002 4 OCT	£124,950	£173,191	28% below HPI

23 SPRINGFIELD 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 23 SPRINGFIELD ROAD sales between October 2002 and September 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 April 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 23 SPRINGFIELD ROAD?

23 SPRINGFIELD ROAD is 95m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 23 SPRINGFIELD ROAD lies on this distribution: 28% of detached houses are smaller than 23 SPRINGFIELD ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Taverham.

23 SPRINGFIELD ROAD: Plot and Title Map

23 SPRINGFIELD ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 23 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD ROAD?

23 SPRINGFIELD ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 23 on SPRINGFIELD ROAD.