5, PARANA ROAD, NORWICH, NR7 8BG - £205,000

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

5 PARANA ROAD is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £205,000 in October 2009, which was around 8% below the average October 2009 detached price in the Broadland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 PARANA ROAD Sold Prices

Land registry data shows four sales for 5 PARANA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 5 PARANA ROAD 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
2009 28 OCT	£205,000	£223,722	8% below HPI
2004 1 OCT	£188,000	£221,184	15% below HPI
2002 1 MAR	£135,000	£146,275	8% below HPI
1995 15 DEC	£56,000	£72,350	23% below HPI

5 PARANA 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 four 5 PARANA ROAD sales between December 1995 and October 2009 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 October 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2009 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 PARANA ROAD?

5 PARANA ROAD is 94m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 PARANA ROAD lies on this distribution: 34% of detached houses are smaller than 5 PARANA ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 PARANA ROAD: Plot and Title Map

5 PARANA ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 5 PARANA 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 5 PARANA 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 5 PARANA ROAD?

5 PARANA ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 5 on PARANA ROAD.