43, THE PADDOCKS, NORWICH, NR6 7HF - £225,000

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

43 THE PADDOCKS is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £225,000 in June 2020, which was around 36% below the average June 2020 detached price in the Broadland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

43 THE PADDOCKS Sold Prices

Land registry data shows three sales for 43 THE PADDOCKS 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. All of the three 43 THE PADDOCKS 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
2020 12 JUN	£225,000	£350,576	36% below HPI
2017 23 JUN	£185,000	£323,693	43% below HPI
2002 22 MAR	£113,500	£146,275	22% below HPI

43 THE PADDOCKS 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 43 THE PADDOCKS sales between March 2002 and June 2020 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 June 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 43 THE PADDOCKS?

43 THE PADDOCKS is 76m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 43 THE PADDOCKS lies on this distribution: 14% of detached houses are smaller than 43 THE PADDOCKS, and 85% of houses are larger. Note that EPC data is not available for all properties in Norwich.

43 THE PADDOCKS: Plot and Title Map

43 THE PADDOCKS sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 43 THE PADDOCKS, 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 43 THE PADDOCKS). 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 43 THE PADDOCKS?

43 THE PADDOCKS is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 43 on THE PADDOCKS.