WOODLANDS, SNEATH ROAD, ASLACTON, NORWICH, NR15 2DS - £313,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WOODLANDS is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £342,426. It was last sold for £313,000 in November 2021, which was around 22% below the average November 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

WOODLANDS Sold Prices

Land registry data shows four sales for WOODLANDS 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 WOODLANDS 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
2021 3 NOV	£313,000	£402,276	22% below HPI
2020 17 APR	£260,000	£361,214	28% below HPI
2018 15 FEB	£244,000	£334,966	27% below HPI
2009 29 MAY	£124,000	£215,537	42% below HPI

WOODLANDS 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 WOODLANDS sales between May 2009 and November 2021 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 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might WOODLANDS be worth now?

WOODLANDS might now be worth an estimated £342,426.

This is based on house price inflation of 9.4%, between November 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for WOODLANDS of £313,000 on 3rd November 2021. For the value to have increased from £313,000 to £342,426 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of WOODLANDS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2021 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of WOODLANDS has not materially changed since November 2021.

How Large is WOODLANDS?

WOODLANDS is 94m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Sneath Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sneath Common, and where WOODLANDS lies on this distribution: 32% of detached houses houses are smaller than WOODLANDS, and 65% of houses are larger. Note that EPC data is not available for all properties in Sneath Common.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on SNEATH ROAD in ASLACTON, in the NR15 postcode district. The below map shows the position of WOODLANDS on SNEATH ROAD.