PARK HOUSE, LADY LANE, HAINFORD, NORWICH, NR10 3LU - £555,000

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

PARK HOUSE is a very large extended detached house of 262m², built sometime between 1950 and 1966. It was last sold for £555,000 in December 2015, which was around 87% above the average December 2015 detached price in the Broadland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

PARK HOUSE Sold Prices

Land registry data shows two sales for PARK 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 Broadland local authority area for the corresponding sale date. Both of the two PARK 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
2015 18 DEC	£555,000	£296,371	87% above HPI
2011 23 AUG	£567,500	£236,896	140% above HPI

PARK HOUSE 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 PARK HOUSE sales from August 2011 and December 2015 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 August 2011 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the December 2015 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 262m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Hainford, based on EPC data. The below chart shows the distribution of detached houses by size in Hainford, and where PARK HOUSE lies on this distribution: 94% of detached houses are smaller than PARK HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Hainford.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 2.0 acres, or 8,294m². The below map shows the location of PARK 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 PARK 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 PARK HOUSE?

PARK HOUSE is located on LADY LANE in HAINFORD, in the NR10 postcode district. The below map shows the position of PARK HOUSE on LADY LANE.