9, SPRINGFIELDS, PORINGLAND, NORWICH, NR14 7RG - £375,000

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

9 SPRINGFIELDS is a very small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £375,000 in February 2018, which was around 15% above the average February 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

9 SPRINGFIELDS Sold Prices

Land registry data shows two sales for 9 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 9 SPRINGFIELDS sales was for above the average price, whilst the other 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
2018 20 FEB	£375,000	£324,788	15% above HPI
2017 23 MAR	£172,000	£317,168	46% below HPI

9 SPRINGFIELDS 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 two 9 SPRINGFIELDS sales from March 2017 and February 2018 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 March 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 9 SPRINGFIELDS?

9 SPRINGFIELDS is 90m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 9 SPRINGFIELDS lies on this distribution: 19% of detached houses are smaller than 9 SPRINGFIELDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Poringland.

9 SPRINGFIELDS: Plot and Title Map

9 SPRINGFIELDS sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 9 SPRINGFIELDS, 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 9 SPRINGFIELDS). 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 9 SPRINGFIELDS?

9 SPRINGFIELDS is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 9 on SPRINGFIELDS.