7, SPRINGFIELD ROAD, TAVERHAM, NORWICH, NR8 6QU - £400,000

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

7 SPRINGFIELD ROAD is a very large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2022, which was around 6% below the average October 2022 detached price in the Broadland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

7 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 7 SPRINGFIELD ROAD 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. The three 7 SPRINGFIELD ROAD sales were a mix of below the average price, and roughly equal to 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 10 OCT	£400,000	£425,623	6% below HPI
2015 22 JUN	£276,000	£274,912	Close to HPI
2014 24 APR	£244,000	£253,357	4% below HPI

7 SPRINGFIELD 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 three 7 SPRINGFIELD ROAD sales between April 2014 and October 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 June 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is 166m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 7 SPRINGFIELD ROAD lies on this distribution: 88% of detached houses are smaller than 7 SPRINGFIELD ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Taverham.

7 SPRINGFIELD ROAD: Plot and Title Map

7 SPRINGFIELD ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 7 SPRINGFIELD 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 7 SPRINGFIELD 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 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 7 on SPRINGFIELD ROAD.