18, VALLEY ROAD, NORWICH, NR5 0BD - £272,500

18 VALLEY ROAD is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £272,500 in March 2016, which was around 9% below the average March 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

18 VALLEY ROAD Sold Prices

Land registry data shows three sales for 18 VALLEY 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 South Norfolk local authority area for the corresponding sale date. All of the three 18 VALLEY 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
2016 4 MAR	£272,500	£298,148	9% below HPI
2013 11 MAR	£138,000	£240,686	43% below HPI
2012 24 MAY	£126,000	£229,208	45% below HPI

18 VALLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 18 VALLEY ROAD sales between May 2012 and March 2016 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 March 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 VALLEY ROAD?

18 VALLEY ROAD is 112m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 18 VALLEY ROAD lies on this distribution: 54% of detached houses are smaller than 18 VALLEY ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 VALLEY ROAD: Plot and Title Map

18 VALLEY ROAD sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 18 VALLEY 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 18 VALLEY 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 18 VALLEY ROAD?

18 VALLEY ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 18 on VALLEY ROAD.