2, OAKFIELD ROAD, LONG STRATTON, NORWICH, NR15 2WB - £305,000

2 OAKFIELD ROAD is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £305,000 in September 2022, which was around 28% below the average September 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 OAKFIELD ROAD Sold Prices

Land registry data shows five sales for 2 OAKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 2 OAKFIELD 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
2022 30 SEP	£305,000	£425,568	28% below HPI
2010 3 AUG	£175,000	£243,141	28% below HPI
2007 16 FEB	£192,000	£246,250	22% below HPI
2001 11 OCT	£109,000	£143,990	24% below HPI
2000 14 JAN	£81,995	£103,566	21% below HPI

2 OAKFIELD ROAD 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 five 2 OAKFIELD ROAD sales between January 2000 and September 2022 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 August 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, which was also at 28% below the HPI.

How Large is 2 OAKFIELD ROAD?

2 OAKFIELD ROAD is 98m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 2 OAKFIELD ROAD lies on this distribution: 33% of detached houses are smaller than 2 OAKFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

2 OAKFIELD ROAD: Plot and Title Map

2 OAKFIELD ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 OAKFIELD 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 OAKFIELD 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 OAKFIELD ROAD?

2 OAKFIELD ROAD is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 2 on OAKFIELD ROAD.