INSH ALLAH, RUSSELL AVENUE, SPIXWORTH, NORWICH, NR10 3NY - £242,000

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

INSH ALLAH is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £242,000 in June 2018, which was around 27% below the average June 2018 detached price in the Broadland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

INSH ALLAH Sold Prices

Land registry data shows three sales for INSH ALLAH 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 INSH ALLAH 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
2018 22 JUN	£242,000	£332,432	27% below HPI
2008 15 DEC	£210,000	£216,085	3% below HPI
2001 23 APR	£114,000	£123,348	8% below HPI

INSH ALLAH 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 INSH ALLAH sales between April 2001 and June 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 December 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is INSH ALLAH?

INSH ALLAH is 70m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where INSH ALLAH lies on this distribution: 15% of detached houses are smaller than INSH ALLAH, and 84% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

INSH ALLAH: Plot and Title Map

INSH ALLAH sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of INSH ALLAH, 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 INSH ALLAH). 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 INSH ALLAH?

INSH ALLAH is located on RUSSELL AVENUE in SPIXWORTH, in the NR10 postcode district. The below map shows the position of INSH ALLAH on RUSSELL AVENUE.