34, PENN ROAD, TAVERHAM, NORWICH, NR8 6NW - £275,000

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

34 PENN ROAD is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2015, which was around 6% below the average September 2015 detached price in the Broadland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

34 PENN ROAD Sold Prices

Land registry data shows four sales for 34 PENN ROAD 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. Most of the four 34 PENN 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
2015 24 SEP	£275,000	£291,153	6% below HPI
2013 8 MAR	£240,000	£242,624	1% below HPI
2011 28 OCT	£250,000	£234,372	7% above HPI
2010 13 DEC	£182,500	£232,568	22% below HPI

34 PENN 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 four 34 PENN ROAD sales between December 2010 and September 2015 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 March 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 34 PENN ROAD?

34 PENN ROAD is 91m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 34 PENN ROAD lies on this distribution: 22% of detached houses are smaller than 34 PENN ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Taverham.

34 PENN ROAD: Plot and Title Map

34 PENN ROAD sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 34 PENN 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 34 PENN 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 34 PENN ROAD?

34 PENN ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 34 on PENN ROAD.