TICHWOOD, STRATTON ROAD, WACTON, NORWICH, NR15 2UF - £330,000

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

TICHWOOD is a large extended detached house of 179m², built sometime between 1996 and 2002. It was last sold for £330,000 in March 2008, which was around 29% above the average March 2008 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was A.

TICHWOOD Sold Prices

Land registry data shows two sales for TICHWOOD 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 TICHWOOD 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
2008 14 MAR	£330,000	£255,442	29% above HPI
2004 19 MAY	£208,000	£200,162	4% above HPI

TICHWOOD 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 TICHWOOD sales from May 2004 and March 2008 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 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2008 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is TICHWOOD?

TICHWOOD is 179m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses in Wacton, based on EPC data. The below chart shows the distribution of detached houses by size in Wacton, and where TICHWOOD lies on this distribution: 78% of detached houses are smaller than TICHWOOD, and 22% of houses are larger. Note that EPC data is not available for all properties in Wacton.

TICHWOOD: Plot and Title Map

TICHWOOD sits on a plot of roughly 0.445 of an acre, or 1,801m². The below map shows the location of TICHWOOD, 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 TICHWOOD). 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 TICHWOOD?

TICHWOOD is located on STRATTON ROAD in WACTON, in the NR15 postcode district. The below map shows the position of TICHWOOD on STRATTON ROAD.