INSPIRATION, LION ROAD, BUXTON, NORWICH, NR10 5HH - £350,000

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

INSPIRATION is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £350,000 in January 2013, which was around 47% above the average January 2013 detached price in the Broadland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

INSPIRATION Sold Prices

Land registry data shows two sales for INSPIRATION since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two INSPIRATION sales were for above 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
2013 17 JAN	£350,000	£238,559	47% above HPI
2002 25 NOV	£220,000	£176,112	25% above HPI

INSPIRATION 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 two INSPIRATION sales from November 2002 and January 2013 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 November 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2013 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is INSPIRATION?

INSPIRATION is 126m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Buxton, based on EPC data. The below chart shows the distribution of detached houses by size in Buxton, and where INSPIRATION lies on this distribution: 63% of detached houses are smaller than INSPIRATION, and 36% of houses are larger. Note that EPC data is not available for all properties in Buxton.

INSPIRATION: Plot and Title Map

INSPIRATION sits on a plot of roughly 0.320 of an acre, or 1,294m². The below map shows the location of INSPIRATION, 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 INSPIRATION). 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 INSPIRATION?

INSPIRATION is located on LION ROAD in BUXTON, in the NR10 postcode district. The below map shows the position of INSPIRATION on LION ROAD.