4, SPRINGWOOD, TAVERHAM, NORWICH, NR8 6HZ - £328,500

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 SPRINGWOOD is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £328,500 in December 2022, which was around 23% below the average December 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

4 SPRINGWOOD Sold Prices

Land registry data shows two sales for 4 SPRINGWOOD 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 SPRINGWOOD 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
2022 2 DEC	£328,500	£424,988	23% below HPI
2003 17 APR	£153,000	£186,836	18% below HPI

4 SPRINGWOOD 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 SPRINGWOOD sales from April 2003 and December 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 April 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 SPRINGWOOD?

4 SPRINGWOOD is 99m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 4 SPRINGWOOD lies on this distribution: 31% of detached houses are smaller than 4 SPRINGWOOD, and 68% of houses are larger. Note that EPC data is not available for all properties in Taverham.

4 SPRINGWOOD: Plot and Title Map

4 SPRINGWOOD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 4 SPRINGWOOD, 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 SPRINGWOOD). 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 SPRINGWOOD?

4 SPRINGWOOD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 4 on SPRINGWOOD.