2, THE FIELDS, TACOLNESTON, NORWICH, NR16 1DG - £435,000

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.

2 THE FIELDS is a large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £427,176. It was last sold for £435,000 in February 2023, which was around 1% below the average February 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE FIELDS Sold Prices

Land registry data shows one sale for 2 THE FIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 7 FEB	£435,000	£438,584	1% below HPI

What might 2 THE FIELDS be worth now?

2 THE FIELDS might now be worth an estimated £427,176.

This is based on house price deflation of 1.8%, between February 2023 and April 2026, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 2 THE FIELDS of £435,000 on 7th February 2023. For the value to have decreased from £435,000 to £427,176 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 THE FIELDS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FIELDS has not materially changed since February 2023.

How Large is 2 THE FIELDS?

2 THE FIELDS is 146m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses by size in Tacolneston, and where 2 THE FIELDS lies on this distribution: 73% of detached houses are smaller than 2 THE FIELDS, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Tacolneston.

2 THE FIELDS: Plot

2 THE FIELDS sits on a plot of roughly 0.192 of an acre, or 777m².

Where is 2 THE FIELDS?

2 THE FIELDS is located in TACOLNESTON, in the NR16 postcode district.