7, TERESA ROAD, STALHAM, NORWICH, NR12 9EB - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 TERESA ROAD is a small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £280,507. It was last sold for £280,000 in December 2022, which was around 35% below the average December 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

7 TERESA ROAD Sold Prices

Land registry data shows two sales for 7 TERESA 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 North Norfolk local authority area for the corresponding sale date. Both of the two 7 TERESA 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
2022 16 DEC	£280,000	£430,038	35% below HPI
2020 2 APR	£185,000	£356,904	48% below HPI

7 TERESA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 7 TERESA ROAD sales from April 2020 and December 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 April 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 TERESA ROAD be worth now?

7 TERESA ROAD might now be worth an estimated £280,507.

This is based on house price inflation of 0.2%, between December 2022 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% inflationary increase is applied to the most recent sale price for 7 TERESA ROAD of £280,000 on 16th December 2022. For the value to have increased from £280,000 to £280,507 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 TERESA ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TERESA ROAD has not materially changed since December 2022.

How Large is 7 TERESA ROAD?

7 TERESA ROAD is 81m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stalham, and where 7 TERESA ROAD lies on this distribution: 27% of detached houses houses are smaller than 7 TERESA ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Stalham.

7 TERESA ROAD: Plot and Title Map

7 TERESA ROAD sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 7 TERESA 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 TERESA 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 TERESA ROAD?

7 TERESA ROAD is located in STALHAM, in the NR12 postcode district. The below map shows the position of No. 7 on TERESA ROAD.