4, PARKLAND ROAD, NORWICH, NR6 7RG - £385,000

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.

4 PARKLAND ROAD is a midsized extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £379,319. It was last sold for £385,000 in October 2022, which was around 10% below the average October 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

4 PARKLAND ROAD Sold Prices

Land registry data shows three sales for 4 PARKLAND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Two of the three 4 PARKLAND ROAD sales were for below the average price, whilst one was 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 14 OCT	£385,000	£429,889	10% below HPI
2021 17 MAR	£294,500	£363,679	19% below HPI
1998 10 JUN	£92,000	£83,826	10% above HPI

4 PARKLAND 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 three 4 PARKLAND ROAD sales between June 1998 and October 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 March 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 PARKLAND ROAD be worth now?

4 PARKLAND ROAD might now be worth an estimated £379,319.

This is based on house price deflation of 1.5%, between October 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 1.5% deflationary decrease is applied to the most recent sale price for 4 PARKLAND ROAD of £385,000 on 14th October 2022. For the value to have decreased from £385,000 to £379,319 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 PARKLAND ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARKLAND ROAD has not materially changed since October 2022.

How Large is 4 PARKLAND ROAD?

4 PARKLAND ROAD is 106m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 4 PARKLAND ROAD lies on this distribution: 46% of detached houses houses are smaller than 4 PARKLAND ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 PARKLAND ROAD: Plot and Title Map

4 PARKLAND ROAD sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 4 PARKLAND 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 4 PARKLAND 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 4 PARKLAND ROAD?

4 PARKLAND ROAD is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 4 on PARKLAND ROAD.