178, NEWMARKET ROAD, NORWICH, NR4 6AR - £1,410,000

178 NEWMARKET ROAD is a very large extended detached house of 278m², built sometime between 1930 and 1949. It was last sold for £1,410,000 in September 2021, which was around 236% above the average September 2021 detached price in the Norwich local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

178 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 178 NEWMARKET 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 Norwich local authority area for the corresponding sale date. All of the three 178 NEWMARKET ROAD sales were for above 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 28 SEP	£1,410,000	£419,827	236% above HPI
2014 27 JUN	£800,000	£296,440	170% above HPI
1996 3 OCT	£270,000	£76,097	255% above HPI

178 NEWMARKET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 178 NEWMARKET ROAD sales between October 1996 and September 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 June 2014 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the September 2021 sale, where it rises to 236% above the HPI. The line then continues to track at 236% above the HPI.

How Large is 178 NEWMARKET ROAD?

178 NEWMARKET ROAD is 278m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 178 NEWMARKET ROAD lies on this distribution: 99% of detached houses are smaller than 178 NEWMARKET ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Norwich.

178 NEWMARKET ROAD: Plot and Title Map

178 NEWMARKET ROAD sits on a plot of roughly 0.625 of an acre, or 2,529m². The below map shows the location of 178 NEWMARKET 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 178 NEWMARKET 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 178 NEWMARKET ROAD?

178 NEWMARKET ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 178 on NEWMARKET ROAD.