THE OAKS, BUCKENHAM ROAD, STRUMPSHAW, NORWICH, NR13 4NP - £420,000

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

THE OAKS is a large detached house of 172m², built sometime between 1983 and 1990. It was last sold for £420,000 in March 2011, which was around 85% above the average March 2011 detached price in the Broadland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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 THE OAKS 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
2011 31 MAR	£420,000	£226,743	85% above HPI
2004 25 AUG	£350,000	£215,428	62% above HPI

THE OAKS 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 THE OAKS sales from August 2004 and March 2011 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 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2011 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is THE OAKS?

THE OAKS is 172m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Strumpshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Strumpshaw, and where THE OAKS lies on this distribution: 64% of detached houses are smaller than THE OAKS, and 36% of houses are larger. Note that EPC data is not available for all properties in Strumpshaw.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 1.1 acres, or 4,612m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on BUCKENHAM ROAD in STRUMPSHAW, in the NR13 postcode district. The below map shows the position of THE OAKS on BUCKENHAM ROAD.