31, OAKLANDS, FRAMINGHAM EARL, NORWICH, NR14 7QS - £225,000

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

31 OAKLANDS is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2010, which was around 6% below the average July 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

31 OAKLANDS Sold Prices

Land registry data shows two sales for 31 OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 31 OAKLANDS 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
2010 8 JUL	£225,000	£239,995	6% below HPI
2001 24 AUG	£110,000	£136,149	19% below HPI

31 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 31 OAKLANDS sales from August 2001 and July 2010 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 August 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2010 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 31 OAKLANDS?

31 OAKLANDS is 82m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 31 OAKLANDS lies on this distribution: 20% of detached houses are smaller than 31 OAKLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

31 OAKLANDS: Plot and Title Map

31 OAKLANDS sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 31 OAKLANDS, 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 31 OAKLANDS). 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 31 OAKLANDS?

31 OAKLANDS is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 31 on OAKLANDS.