42, PARK ROAD, SPIXWORTH, NORWICH, NR10 3PJ - £425,000

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

42 PARK ROAD is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2022, which was about the average September 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

42 PARK ROAD Sold Prices

Land registry data shows two sales for 42 PARK ROAD 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. One of the two 42 PARK ROAD sales was roughly equal to the average price, whilst the other 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 30 SEP	£425,000	£426,463	Close to HPI
2022 20 JAN	£1,000,000	£398,095	151% above HPI

42 PARK 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 two 42 PARK ROAD sales from January 2022 and September 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 January 2022 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the September 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 42 PARK ROAD?

42 PARK ROAD is 87m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where 42 PARK ROAD lies on this distribution: 37% of detached houses are smaller than 42 PARK ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

42 PARK ROAD: Plot and Title Map

42 PARK ROAD sits on a plot of roughly 1.3 acres, or 5,276m². The below map shows the location of 42 PARK 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 42 PARK 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 42 PARK ROAD?

42 PARK ROAD is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 42 on PARK ROAD.