1, HARE ROAD, GREAT PLUMSTEAD, NORWICH, NR13 5DD - £545,000

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.

1 HARE ROAD is a large extended detached house of 172m², built sometime between 1967 and 1975, which could now be worth an estimated £535,247. It was last sold for £545,000 in January 2023, which was around 26% above the average January 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

1 HARE ROAD Sold Prices

Land registry data shows two sales for 1 HARE ROAD 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 1 HARE ROAD 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 24 JAN	£545,000	£431,556	26% above HPI
2014 19 FEB	£340,000	£254,549	34% above HPI

1 HARE ROAD 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 1 HARE ROAD sales from February 2014 and January 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 February 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 HARE ROAD be worth now?

1 HARE ROAD might now be worth an estimated £535,247.

This is based on house price deflation of 1.8%, between January 2023 and May 2026, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 1 HARE ROAD of £545,000 on 24th January 2023. For the value to have decreased from £545,000 to £535,247 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 HARE ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2023 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HARE ROAD has not materially changed since January 2023.

How Large is 1 HARE ROAD?

1 HARE ROAD is 172m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses houses in Great Plumstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Plumstead, and where 1 HARE ROAD lies on this distribution: 68% of detached houses houses are smaller than 1 HARE ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Great Plumstead.

1 HARE ROAD: Plot and Title Map

1 HARE ROAD sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 1 HARE ROAD, 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 1 HARE ROAD). 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 1 HARE ROAD?

1 HARE ROAD is located in GREAT PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 1 on HARE ROAD.