TSANG, RUSSELL AVENUE, SPIXWORTH, NORWICH, NR10 3NY - £177,000

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

TSANG is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £177,000 in April 2012, which was around 27% below the average April 2012 detached price in the Broadland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

TSANG Sold Prices

Land registry data shows three sales for TSANG since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three TSANG 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
2012 20 APR	£177,000	£242,804	27% below HPI
2007 17 OCT	£179,995	£259,161	31% below HPI
2002 5 APR	£115,000	£149,012	23% below HPI

TSANG 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 three TSANG sales between April 2002 and April 2012 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 October 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2012 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is TSANG?

TSANG is 67m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where TSANG lies on this distribution: 11% of detached houses are smaller than TSANG, and 89% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

TSANG: Plot and Title Map

TSANG sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of TSANG, 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 TSANG). 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 TSANG?

TSANG is located on RUSSELL AVENUE in SPIXWORTH, in the NR10 postcode district. The below map shows the position of TSANG on RUSSELL AVENUE.