2, OAK ROAD, NORTH WALSHAM, NR28 0BP - £330,000

2 OAK ROAD is a midsized extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £330,000 in January 2023, which was around 24% below the average January 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 OAK ROAD Sold Prices

Land registry data shows two sales for 2 OAK 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 North Norfolk local authority area for the corresponding sale date. Both of the two 2 OAK ROAD 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
2023 19 JAN	£330,000	£434,725	24% below HPI
2014 19 SEP	£185,000	£266,419	31% below HPI

2 OAK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 2 OAK ROAD sales from September 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 September 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 OAK ROAD?

2 OAK ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 2 OAK ROAD lies on this distribution: 45% of detached houses are smaller than 2 OAK ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 OAK ROAD: Plot and Title Map

2 OAK ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 OAK 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 2 OAK 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 2 OAK ROAD?

2 OAK ROAD is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on OAK ROAD.