87, PARK ROAD, SPIXWORTH, NORWICH, NR10 3NP - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

87 PARK ROAD is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £305,000 in June 2021, which was around 16% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

87 PARK ROAD Sold Prices

Land registry data shows three sales for 87 PARK 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. All of the three 87 PARK 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
2021 25 JUN	£305,000	£361,326	16% below HPI
2016 7 OCT	£237,500	£315,199	25% below HPI
2007 13 APR	£200,000	£246,327	19% below HPI

87 PARK 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 87 PARK ROAD sales between April 2007 and June 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 October 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 87 PARK ROAD?

87 PARK ROAD is 91m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where 87 PARK ROAD lies on this distribution: 44% of detached houses are smaller than 87 PARK ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

87 PARK ROAD: Plot and Title Map

87 PARK ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 87 PARK 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 87 PARK 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 87 PARK ROAD?

87 PARK ROAD is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 87 on PARK ROAD.