3, ORCHARD ROAD, SPIXWORTH, NORWICH, NR10 3QE - £109,000

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

3 ORCHARD ROAD is a very large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £109,000 in March 2002, which was around 25% below the average March 2002 detached price in the Broadland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

3 ORCHARD ROAD Sold Prices

Land registry data shows three sales for 3 ORCHARD 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 Broadland local authority area for the corresponding sale date. All of the three 3 ORCHARD 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
2002 8 MAR	£109,000	£146,275	25% below HPI
2000 27 JUN	£89,950	£106,661	16% below HPI
1997 7 NOV	£62,500	£81,295	23% below HPI

3 ORCHARD 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 three 3 ORCHARD ROAD sales between November 1997 and March 2002 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 June 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2002 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 ORCHARD ROAD?

3 ORCHARD ROAD is 131m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where 3 ORCHARD ROAD lies on this distribution: 82% of detached houses are smaller than 3 ORCHARD ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

3 ORCHARD ROAD: Plot and Title Map

3 ORCHARD ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 ORCHARD 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 3 ORCHARD 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 3 ORCHARD ROAD?

3 ORCHARD ROAD is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 3 on ORCHARD ROAD.