40, PARK ROAD, WROXHAM, NORWICH, NR12 8SB - £230,000

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.

40 PARK ROAD is a very small extended semi-detached house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £256,400. It was last sold for £230,000 in August 2021, which was around 7% below the average August 2021 semi-detached price in the Broadland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

40 PARK ROAD Sold Prices

Land registry data shows three sales for 40 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the three 40 PARK 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
2021 24 AUG	£230,000	£247,218	7% below HPI
2014 2 DEC	£153,000	£176,262	13% below HPI
2007 12 JAN	£135,000	£165,729	19% below HPI

40 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The three 40 PARK ROAD sales between January 2007 and August 2021 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 December 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 40 PARK ROAD be worth now?

40 PARK ROAD might now be worth an estimated £256,400.

This is based on house price inflation of 11.5%, between August 2021 and March 2026, for semi-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 11.5% inflationary increase is applied to the most recent sale price for 40 PARK ROAD of £230,000 on 24th August 2021. For the value to have increased from £230,000 to £256,400 over the five years and five months to March 2026, the following assumptions must hold true:

• The value of 40 PARK ROAD has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The August 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PARK ROAD has not materially changed since August 2021.

How Large is 40 PARK ROAD?

40 PARK ROAD is 71m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Wroxham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wroxham, and where 40 PARK ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 40 PARK ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

40 PARK ROAD: Plot and Title Map

40 PARK ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 40 PARK 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 40 PARK 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 40 PARK ROAD?

40 PARK ROAD is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 40 on PARK ROAD.