63, LAXFIELD ROAD, SUTTON, NORWICH, NR12 9QP - £325,000

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.

63 LAXFIELD ROAD is a small extended detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £303,739. It was last sold for £325,000 in May 2023, which was around 26% below the average May 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was B.

63 LAXFIELD ROAD Sold Prices

Land registry data shows three sales for 63 LAXFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 63 LAXFIELD 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 10 MAY	£325,000	£437,786	26% below HPI
2016 16 MAY	£183,000	£305,257	40% below HPI
2003 19 NOV	£147,000	£188,217	22% below HPI

63 LAXFIELD 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 three 63 LAXFIELD ROAD sales between November 2003 and May 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 May 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 63 LAXFIELD ROAD be worth now?

63 LAXFIELD ROAD might now be worth an estimated £303,739.

This is based on house price deflation of 6.5%, between May 2023 and July 2026, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% deflationary decrease is applied to the most recent sale price for 63 LAXFIELD ROAD of £325,000 on 10th May 2023. For the value to have decreased from £325,000 to £303,739 over the two years and ten months to July 2026, the following assumptions must hold true:

• The value of 63 LAXFIELD ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 63 LAXFIELD ROAD has not materially changed since May 2023.

How Large is 63 LAXFIELD ROAD?

63 LAXFIELD ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton, and where 63 LAXFIELD ROAD lies on this distribution: 38% of detached houses houses are smaller than 63 LAXFIELD ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Sutton.

63 LAXFIELD ROAD: Plot and Title Map

63 LAXFIELD ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 63 LAXFIELD 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 63 LAXFIELD 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 63 LAXFIELD ROAD?

63 LAXFIELD ROAD is located in SUTTON, in the NR12 postcode district. The below map shows the position of No. 63 on LAXFIELD ROAD.