5, PARKLANDS, COSTESSEY, NORWICH, NR8 5AL - £267,500

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

5 PARKLANDS is a large detached house of 155m², built sometime between 1967 and 1975. It was last sold for £267,500 in May 2011, which was around 15% above the average May 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

5 PARKLANDS Sold Prices

Land registry data shows five sales for 5 PARKLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the five 5 PARKLANDS sales were 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
2011 4 MAY	£267,500	£232,805	15% above HPI
2006 6 OCT	£245,000	£242,915	1% above HPI
2001 31 JUL	£158,005	£131,477	20% above HPI
1996 10 OCT	£108,000	£76,289	42% above HPI
1995 11 AUG	£58,714	£71,690	18% below HPI

5 PARKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 5 PARKLANDS sales between August 1995 and May 2011 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 PARKLANDS?

5 PARKLANDS is 155m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 5 PARKLANDS lies on this distribution: 69% of detached houses are smaller than 5 PARKLANDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Costessey.

5 PARKLANDS: Plot and Title Map

5 PARKLANDS sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 5 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

5 PARKLANDS is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 5 on PARKLANDS.