24, PARSONS MEAD, NORWICH, NR4 6PG - £225,000

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

24 PARSONS MEAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £225,000 in April 2007, which was around 18% below the average April 2007 detached price in the Norwich local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

24 PARSONS MEAD Sold Prices

Land registry data shows two sales for 24 PARSONS MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 24 PARSONS MEAD 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
2007 27 APR	£225,000	£273,383	18% below HPI
2004 8 OCT	£205,000	£230,541	11% below HPI

24 PARSONS MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 24 PARSONS MEAD sales from October 2004 and April 2007 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 October 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 24 PARSONS MEAD?

24 PARSONS MEAD is 75m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 24 PARSONS MEAD lies on this distribution: 13% of detached houses are smaller than 24 PARSONS MEAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Norwich.

24 PARSONS MEAD: Plot and Title Map

24 PARSONS MEAD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 24 PARSONS MEAD, 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 24 PARSONS MEAD). 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 24 PARSONS MEAD?

24 PARSONS MEAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 24 on PARSONS MEAD.