242, TAVERHAM ROAD, TAVERHAM, NORWICH, NR8 6SX - £307,000

242 TAVERHAM ROAD is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £307,000 in November 2022, which was around 32% below the average November 2022 detached price in the Broadland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

242 TAVERHAM ROAD Sold Prices

Land registry data shows two sales for 242 TAVERHAM 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 242 TAVERHAM 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 7 NOV	£307,000	£448,692	32% below HPI
2000 3 NOV	£94,950	£117,969	20% below HPI

242 TAVERHAM 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 242 TAVERHAM ROAD sales from November 2000 and November 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 November 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 242 TAVERHAM ROAD?

242 TAVERHAM ROAD is 70m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 242 TAVERHAM ROAD lies on this distribution: 4% of detached houses are smaller than 242 TAVERHAM ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Taverham.

242 TAVERHAM ROAD: Plot and Title Map

242 TAVERHAM ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 242 TAVERHAM 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 242 TAVERHAM 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 242 TAVERHAM ROAD?

242 TAVERHAM ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 242 on TAVERHAM ROAD.