23, TERESA ROAD, STALHAM, NORWICH, NR12 9EB - £155,000

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

23 TERESA ROAD is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £155,000 in June 2009, which was around 30% below the average June 2009 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.

23 TERESA ROAD Sold Prices

Land registry data shows two sales for 23 TERESA ROAD 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 23 TERESA 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
2009 24 JUN	£155,000	£220,624	30% below HPI
2000 22 MAR	£50,400	£96,687	48% below HPI

23 TERESA ROAD 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 23 TERESA ROAD sales from March 2000 and June 2009 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 March 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2009 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 23 TERESA ROAD?

23 TERESA ROAD is 91m², which includes three extensions, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where 23 TERESA ROAD lies on this distribution: 39% of detached houses are smaller than 23 TERESA ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Stalham.

23 TERESA ROAD: Plot and Title Map

23 TERESA ROAD sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 23 TERESA 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 TERESA 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 TERESA ROAD?

23 TERESA ROAD is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 23 on TERESA ROAD.