PARKSVILLE, THE LOKE, WYMONDHAM, NR18 0UR - £585,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PARKSVILLE is a very large extended detached house of 196m², built sometime between 1996 and 2002, which could now be worth an estimated £685,260. It was last sold for £585,500 in January 2021, which was around 56% above the average January 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

PARKSVILLE Sold Prices

Land registry data shows two sales for PARKSVILLE 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 PARKSVILLE 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
2021 8 JAN	£585,500	£376,026	56% above HPI
2002 31 MAY	£240,000	£155,820	54% above HPI

PARKSVILLE 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 PARKSVILLE sales from May 2002 and January 2021 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 May 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might PARKSVILLE be worth now?

PARKSVILLE might now be worth an estimated £685,260.

This is based on house price inflation of 17%, between January 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for PARKSVILLE of £585,500 on 8th January 2021. For the value to have increased from £585,500 to £685,260 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of PARKSVILLE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2021 sale price of £585,500 represented a fair market value for the property.
• The size, condition, and specification of PARKSVILLE has not materially changed since January 2021.

How Large is PARKSVILLE?

PARKSVILLE is 196m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where PARKSVILLE lies on this distribution: 97% of detached houses houses are smaller than PARKSVILLE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

PARKSVILLE: Plot and Title Map

PARKSVILLE sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of PARKSVILLE, 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 PARKSVILLE). 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 PARKSVILLE?

PARKSVILLE is located on THE LOKE in WYMONDHAM, in the NR18 postcode district. The below map shows the position of PARKSVILLE on THE LOKE.