58, SPINNEY ROAD, NORWICH, NR7 0PJ - £283,000

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.

58 SPINNEY ROAD is a very small extended semi-detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £279,922. It was last sold for £283,000 in October 2022, which was around 2% above the average October 2022 semi-detached price in the Broadland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

58 SPINNEY ROAD Sold Prices

Land registry data shows two sales for 58 SPINNEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. One of the two 58 SPINNEY ROAD sales was for above the average price, whilst the other was 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 13 OCT	£283,000	£276,477	2% above HPI
2012 17 AUG	£127,000	£158,654	20% below HPI

58 SPINNEY 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 two 58 SPINNEY ROAD sales from August 2012 and October 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 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 58 SPINNEY ROAD be worth now?

58 SPINNEY ROAD might now be worth an estimated £279,922.

This is based on house price deflation of 1.1%, between October 2022 and October 2025, 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 1.1% deflationary decrease is applied to the most recent sale price for 58 SPINNEY ROAD of £283,000 on 13th October 2022. For the value to have decreased from £283,000 to £279,922 over the three years to October 2025, the following assumptions must hold true:

• The value of 58 SPINNEY ROAD has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The October 2022 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 58 SPINNEY ROAD has not materially changed since October 2022.

How Large is 58 SPINNEY ROAD?

58 SPINNEY ROAD is 60m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 58 SPINNEY ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 58 SPINNEY ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

58 SPINNEY ROAD: Plot and Title Map

58 SPINNEY ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 58 SPINNEY 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 58 SPINNEY 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 58 SPINNEY ROAD?

58 SPINNEY ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 58 on SPINNEY ROAD.