4, PARSONS MEAD, NORWICH, NR4 6PG - £199,000

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 PARSONS MEAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £199,000 in July 2012, which was around 25% below the average July 2012 detached price in the Norwich local authority area. The most recent EPC inspection was May 2023, where the current energy rating was A, and the potential energy rating was A.

4 PARSONS MEAD Sold Prices

Land registry data shows two sales for 4 PARSONS MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 4 PARSONS MEAD 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
2012 6 JUL	£199,000	£264,575	25% below HPI
1997 24 JAN	£56,700	£77,623	27% below HPI

4 PARSONS MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 4 PARSONS MEAD sales from January 1997 and July 2012 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 January 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 PARSONS MEAD?

4 PARSONS MEAD is 70m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 PARSONS MEAD lies on this distribution: 9% of detached houses are smaller than 4 PARSONS MEAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 PARSONS MEAD: Plot and Title Map

4 PARSONS MEAD sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 4 PARSONS MEAD, 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 PARSONS MEAD). 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 PARSONS MEAD?

4 PARSONS MEAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 4 on PARSONS MEAD.