SOUTH BANK, BEECH ROAD, WROXHAM, NORWICH, NR12 8TP - £797,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SOUTH BANK is a large extended detached house of 186m², built sometime between 2003 and 2006, which could now be worth an estimated £989,347. It was last sold for £797,500 in August 2019, which was around 130% above the average August 2019 detached price in the Broadland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

SOUTH BANK Sold Prices

Land registry data shows two sales for SOUTH BANK 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 SOUTH BANK 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
2019 9 AUG	£797,500	£346,055	130% above HPI
2001 26 JAN	£250,000	£118,379	111% above HPI

SOUTH BANK 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 SOUTH BANK sales from January 2001 and August 2019 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 January 2001 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the August 2019 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

What might SOUTH BANK be worth now?

SOUTH BANK might now be worth an estimated £989,347.

This is based on house price inflation of 24.1%, between August 2019 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.1% inflationary increase is applied to the most recent sale price for SOUTH BANK of £797,500 on 9th August 2019. For the value to have increased from £797,500 to £989,347 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of SOUTH BANK has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2019 sale price of £797,500 represented a fair market value for the property.
• The size, condition, and specification of SOUTH BANK has not materially changed since August 2019.

How Large is SOUTH BANK?

SOUTH BANK is 186m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wroxham, and where SOUTH BANK lies on this distribution: 72% of detached houses houses are smaller than SOUTH BANK, and 28% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

SOUTH BANK: Plot and Title Map

SOUTH BANK sits on a plot of roughly 0.350 of an acre, or 1,418m². The below map shows the location of SOUTH BANK, 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 SOUTH BANK). 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 SOUTH BANK?

SOUTH BANK is located on BEECH ROAD in WROXHAM, in the NR12 postcode district. The below map shows the position of SOUTH BANK on BEECH ROAD.