TEALS, BEECH ROAD, WROXHAM, NORWICH, NR12 8TW - £740,000

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

TEALS is a large extended detached house of 186m², built sometime between 1976 and 1982. It was last sold for £740,000 in March 2023, which was around 76% above the average March 2023 detached price in the Broadland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

TEALS Sold Prices

Land registry data shows four sales for TEALS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four TEALS 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
2023 29 MAR	£740,000	£419,774	76% above HPI
2016 15 APR	£418,000	£301,269	39% above HPI
2012 11 OCT	£323,000	£243,414	33% above HPI
1997 30 APR	£91,000	£72,750	25% above HPI

TEALS 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 four TEALS sales between April 1997 and March 2023 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 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2023 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is TEALS?

TEALS is 186m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxham, and where TEALS lies on this distribution: 72% of detached houses are smaller than TEALS, and 27% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

TEALS: Plot and Title Map

TEALS sits on a plot of roughly 0.260 of an acre, or 1,053m². The below map shows the location of TEALS, 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 TEALS). 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 TEALS?

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