24, SPELMAN ROAD, NORWICH, NR2 3NJ - £425,000

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 SPELMAN ROAD is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £425,000 in November 2019, which was around 12% above the average November 2019 detached price in the Norwich local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

24 SPELMAN ROAD Sold Prices

Land registry data shows three sales for 24 SPELMAN 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 Norwich local authority area for the corresponding sale date. All of the three 24 SPELMAN ROAD 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
2019 21 NOV	£425,000	£377,970	12% above HPI
2004 22 NOV	£280,000	£230,814	21% above HPI
2002 29 JUL	£230,000	£180,155	28% above HPI

24 SPELMAN ROAD 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 three 24 SPELMAN ROAD sales between July 2002 and November 2019 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 November 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 24 SPELMAN ROAD?

24 SPELMAN ROAD is 137m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 SPELMAN ROAD lies on this distribution: 74% of detached houses are smaller than 24 SPELMAN ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Norwich.

24 SPELMAN ROAD: Plot and Title Map

24 SPELMAN ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 24 SPELMAN 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 24 SPELMAN 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 24 SPELMAN ROAD?

24 SPELMAN ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 24 on SPELMAN ROAD.