3, SCHOOL ROAD, LITTLE PLUMSTEAD, NORWICH, NR13 5EU - £530,000

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.

3 SCHOOL ROAD is a very large detached house of 186m², which could now be worth an estimated £617,107. It was last sold for £530,000 in February 2021, which was around 46% above the average February 2021 detached price in the Broadland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was B.

3 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 3 SCHOOL 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 Broadland local authority area for the corresponding sale date. One of the two 3 SCHOOL ROAD sales was for above the average price, whilst the other was 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
2021 12 FEB	£530,000	£363,761	46% above HPI
2019 11 DEC	£149,000	£345,939	57% below HPI

3 SCHOOL 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 two 3 SCHOOL ROAD sales from December 2019 and February 2021 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 2019 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 3 SCHOOL ROAD be worth now?

3 SCHOOL ROAD might now be worth an estimated £617,107.

This is based on house price inflation of 16.4%, between February 2021 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 16.4% inflationary increase is applied to the most recent sale price for 3 SCHOOL ROAD of £530,000 on 12th February 2021. For the value to have increased from £530,000 to £617,107 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 SCHOOL ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SCHOOL ROAD has not materially changed since February 2021.

How Large is 3 SCHOOL ROAD?

3 SCHOOL ROAD is 186m² according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Plumstead, and where 3 SCHOOL ROAD lies on this distribution: 92% of detached houses houses are smaller than 3 SCHOOL ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

3 SCHOOL ROAD: Plot and Title Map

3 SCHOOL ROAD sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of 3 SCHOOL 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 SCHOOL 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 SCHOOL ROAD?

3 SCHOOL ROAD is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 3 on SCHOOL ROAD.