4, OAK WOOD, BLOFIELD, NORWICH, NR13 4JQ - £437,500

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.

4 OAK WOOD is a small extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £433,191. It was last sold for £437,500 in August 2022, which was around 2% above the average August 2022 detached price in the Broadland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

4 OAK WOOD Sold Prices

Land registry data shows two sales for 4 OAK WOOD 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. Both of the two 4 OAK WOOD sales were for above 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
2022 19 AUG	£437,500	£427,759	2% above HPI
2007 30 NOV	£310,000	£256,601	21% above HPI

4 OAK WOOD 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 4 OAK WOOD sales from November 2007 and August 2022 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 November 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 4 OAK WOOD be worth now?

4 OAK WOOD might now be worth an estimated £433,191.

This is based on house price deflation of 1%, between August 2022 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 1% deflationary decrease is applied to the most recent sale price for 4 OAK WOOD of £437,500 on 19th August 2022. For the value to have decreased from £437,500 to £433,191 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 4 OAK WOOD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2022 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OAK WOOD has not materially changed since August 2022.

How Large is 4 OAK WOOD?

4 OAK WOOD is 114m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield, and where 4 OAK WOOD lies on this distribution: 38% of detached houses houses are smaller than 4 OAK WOOD, and 61% of houses are larger. Note that EPC data is not available for all properties in Blofield.

4 OAK WOOD: Plot and Title Map

4 OAK WOOD sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 4 OAK WOOD, 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 4 OAK WOOD). 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 4 OAK WOOD?

4 OAK WOOD is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 4 on OAK WOOD.