12, THE PLANTATION, NORWICH, NR2 2BU - £304,000

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.

12 THE PLANTATION is a small terraced house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £387,045. It was last sold for £304,000 in November 2016, which was around 57% above the average November 2016 terraced price in the Norwich local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

12 THE PLANTATION Sold Prices

Land registry data shows two sales for 12 THE PLANTATION since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. Both of the two 12 THE PLANTATION 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
2016 4 NOV	£304,000	£193,650	57% above HPI
2013 18 SEP	£230,000	£152,760	51% above HPI

12 THE PLANTATION Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Norwich local authority area over time, sourced from the HPI. The two 12 THE PLANTATION sales from September 2013 and November 2016 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 September 2013 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2016 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 12 THE PLANTATION be worth now?

12 THE PLANTATION might now be worth an estimated £387,045.

This is based on house price inflation of 27.3%, between November 2016 and October 2025, for terraced houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.3% inflationary increase is applied to the most recent sale price for 12 THE PLANTATION of £304,000 on 4th November 2016. For the value to have increased from £304,000 to £387,045 over the nine years and one month to October 2025, the following assumptions must hold true:

• The value of 12 THE PLANTATION has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The November 2016 sale price of £304,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE PLANTATION has not materially changed since November 2016.

How Large is 12 THE PLANTATION?

12 THE PLANTATION is 89m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 12 THE PLANTATION lies on this distribution: 28% of terraced houses houses are smaller than 12 THE PLANTATION, and 71% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 THE PLANTATION: Plot and Title Map

12 THE PLANTATION sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 12 THE PLANTATION, 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 12 THE PLANTATION). 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 12 THE PLANTATION?

12 THE PLANTATION is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 12 on THE PLANTATION.