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

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

4 PARKLAND ROAD is a midsized extended detached house of 106m², built sometime between 1967 and 1975. 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	£425,623	10% below HPI
2021 17 MAR	£294,500	£360,070	18% below HPI
1998 10 JUN	£92,000	£82,995	11% 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 18% below the HPI. So the extrapolation line tracks at 18% 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.

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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 4 PARKLAND ROAD lies on this distribution: 46% of detached 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.