28, PARLIAMENT COURT, NORWICH, NR7 0TG - £238,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 PARLIAMENT COURT is a very small extended detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £247,023. It was last sold for £238,000 in February 2022, which was around 42% below the average February 2022 detached price in the Broadland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

28 PARLIAMENT COURT Sold Prices

Land registry data shows four sales for 28 PARLIAMENT COURT 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. All of the four 28 PARLIAMENT COURT 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
2022 18 FEB	£238,000	£408,075	42% below HPI
2007 19 DEC	£164,000	£254,294	36% below HPI
2000 14 DEC	£67,000	£117,848	43% below HPI
1998 20 FEB	£49,000	£81,374	40% below HPI

28 PARLIAMENT COURT 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 28 PARLIAMENT COURT sales between February 1998 and February 2022 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 December 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 28 PARLIAMENT COURT be worth now?

28 PARLIAMENT COURT might now be worth an estimated £247,023.

This is based on house price inflation of 3.8%, between February 2022 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 28 PARLIAMENT COURT of £238,000 on 18th February 2022. For the value to have increased from £238,000 to £247,023 over the three years to February 2025, the following assumptions must hold true:

• The value of 28 PARLIAMENT COURT has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2022 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PARLIAMENT COURT has not materially changed since February 2022.

How Large is 28 PARLIAMENT COURT?

28 PARLIAMENT COURT is 71m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 28 PARLIAMENT COURT lies on this distribution: 10% of detached houses houses are smaller than 28 PARLIAMENT COURT, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

28 PARLIAMENT COURT: Plot and Title Map

28 PARLIAMENT COURT sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 28 PARLIAMENT COURT, 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 28 PARLIAMENT COURT). 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 28 PARLIAMENT COURT?

28 PARLIAMENT COURT is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 28 on PARLIAMENT COURT.