8, PARKLANDS, COSTESSEY, NORWICH, NR8 5AL - £387,500

8 PARKLANDS is a large detached house of 163m², built sometime between 1983 and 1990. It was last sold for £387,500 in September 2021, which was around 4% above the average September 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

8 PARKLANDS Sold Prices

Land registry data shows three sales for 8 PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three 8 PARKLANDS sales were for above the average price, whilst one was 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
2021 30 SEP	£387,500	£372,414	4% above HPI
2018 1 AUG	£328,000	£339,680	3% below HPI
2011 23 AUG	£265,000	£230,082	15% above HPI

8 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 three 8 PARKLANDS sales between August 2011 and September 2021 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 August 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 PARKLANDS?

8 PARKLANDS is 163m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 8 PARKLANDS lies on this distribution: 74% of detached houses are smaller than 8 PARKLANDS, and 25% of houses are larger. Note that EPC data is not available for all properties in Costessey.

8 PARKLANDS: Plot and Title Map

8 PARKLANDS sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 8 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 8 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 8 PARKLANDS?

8 PARKLANDS is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 8 on PARKLANDS.