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
32 SPELMAN ROAD is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £322,500 in May 2007, which was around 17% above the average May 2007 detached price in the Norwich local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 32 SPELMAN ROAD since 1st 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. One of the three 32 SPELMAN ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2007 9 MAY | £322,500 | £275,699 | 17% above HPI |
2005 30 JUN | £183,000 | £232,664 | 21% below HPI |
1999 12 NOV | £85,000 | £103,946 | 18% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 32 SPELMAN ROAD sales between November 1999 and May 2007 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2007 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
32 SPELMAN ROAD is 86m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 32 SPELMAN ROAD lies on this distribution: 24% of detached houses are smaller than 32 SPELMAN ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Norwich.
32 SPELMAN ROAD sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 32 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 32 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.
32 SPELMAN ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 32 on SPELMAN ROAD.