OAKWOOD HOUSE, NORWICH ROAD, HETHERSETT, NORWICH, NR9 3DE - £725,000

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

OAKWOOD HOUSE is a very large extended detached house of 266m², built sometime between 2003 and 2006. It was last sold for £725,000 in October 2018, which was around 111% above the average October 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

OAKWOOD HOUSE Sold Prices

Land registry data shows two sales for OAKWOOD HOUSE 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. Both of the two OAKWOOD HOUSE 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
2018 17 OCT	£725,000	£344,384	111% above HPI
2014 30 APR	£530,000	£250,166	112% above HPI

OAKWOOD HOUSE 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 OAKWOOD HOUSE sales from April 2014 and October 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 April 2014 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the October 2018 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is OAKWOOD HOUSE?

OAKWOOD HOUSE is 266m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where OAKWOOD HOUSE lies on this distribution: 99% of detached houses are smaller than OAKWOOD HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

OAKWOOD HOUSE: Plot and Title Map

OAKWOOD HOUSE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of OAKWOOD HOUSE, 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 OAKWOOD HOUSE). 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 OAKWOOD HOUSE?

OAKWOOD HOUSE is located on NORWICH ROAD in HETHERSETT, in the NR9 postcode district. The below map shows the position of OAKWOOD HOUSE on NORWICH ROAD.