SPRINGFIELD, LOW ROAD, THURLTON, NORWICH, NR14 6RL - £315,000

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

SPRINGFIELD is a large extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £315,000 in August 2020, which was around 11% below the average August 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

SPRINGFIELD Sold Prices

Land registry data shows four sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four SPRINGFIELD sales were for below 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
2020 26 AUG	£315,000	£352,423	11% below HPI
2015 6 AUG	£250,000	£278,207	10% below HPI
1998 3 JUL	£75,000	£84,337	11% below HPI
1995 29 SEP	£44,000	£72,252	39% below HPI

SPRINGFIELD 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 four SPRINGFIELD sales between September 1995 and August 2020 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 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 108m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Thurlton, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlton, and where SPRINGFIELD lies on this distribution: 63% of detached houses are smaller than SPRINGFIELD, and 35% of houses are larger. Note that EPC data is not available for all properties in Thurlton.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on LOW ROAD in THURLTON, in the NR14 postcode district. The below map shows the position of SPRINGFIELD on LOW ROAD.